Bosch

Type
Business expansion
Country
World
Region
Location of affected unit(s)
Sector
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
Job creation
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.