Bosch to cut 13,000 jobs in Germany to save billions in costs

Bosch to cut 13,000 jobs in Germany to save billions in costs

Bosch is set to cut 13,000 jobs as part of its plans to save €2.5bn (£2.06bn).

The engineering giant said the losses, in its mobility division in Germany which provides vehicle parts and software, came as a result of a stagnated market and…

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