The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.3 - Manufacture of parts and accessories for motor vehicles
16,500 jobs Number of planned job creations
Announcement Date
27 January 2011
Employment effect (start)
1 January 2011
Foreseen end date
31 January 2011
Description
Automotive supplier Bosch will create 16,500 jobs to reach a total staff of some 300,000 in 2011 if the 2010 growth pace continues. In the fiscal year 2010, the Bosch Group generated a 24% increase in sales compared with the previous year; sales reached pre-crisis 2007 level - mainly because of an increasing demand in the Asia Pacific region. According to a company press release Bosch is looking for more than 9000 univeristy graduates alone.
Sources
27 January 2011: Handelsblatt
Citation
Eurofound (2011), Bosch, Business expansion in World, factsheet number 71515, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71515.
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