Bosch

Type
Internal restructuring
Country
World
Region
Location of affected unit(s)
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29.3 - Manufacture of parts and accessories for motor vehicles
10,000 jobs
Number of planned job losses
Job loss
Announcement Date
16 September 2009
Employment effect (start)
1 October 2009
Foreseen end date
31 December 2009

Description

The group Bosch, which manufactures electronic equipment and equipment for cars is about to cut 10,000 jobs on its sites all over the world. The group is facing important losses and a decreasing turnover of about 15%. The group also intends to keep 100,000 more staff on short working hours.

Sources

  • 16 September 2009: L'Echo
  • 15 September 2009: Reuters

Citation

Eurofound (2009), Bosch, Internal restructuring in World, factsheet number 69543, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69543.