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 (29 - 30) Manufacture for transport equipment 29.3 - Manufacture of motor vehicle parts and accessories 29.3 - Manufacture of motor vehicle parts and accessories
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://apps.eurofound.europa.eu/restructuring-events/detail/71515.
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