Bosch layoffs

Bosch Lays Off 7,000 Employees in Germany; Plans $8 Billion Acquisition of Johnson Controls

Layoff season is here yet again! German auto components giant Bosch announced plans to lay off over 7,000 employees from its operations in Germany. The layoffs will primarily affect workers in Bosch's automotive supply sector, with additional cuts in the tools division and the BSH subsidiary, which manages household appliances....