German industrial group Robert Bosch GmbH ROBG.UL is in talks with workers at its engineering unit, Bosch-Rexroth, to cut their work hours in response to weakening demand from industrial customers, a company spokesman said on Friday.
Bosch-Rexroth is one of the world’s leading producers of drives, valves and control technologies, which are used in machine cutting tools and in the automotive and wind energy sectors.
Stuttgarter Zeitung newspaper, quoting labor sources, said shorter hours at the Bosch-Rexroth factory in Schweinfurt, Germany, might be implemented in October, initially affecting 450 to 500 workers. By year-end, 1,100 workers may be affected, the newspaper reported in its Saturday edition…
via Germany’s Bosch plans to shorten work hours due to slack demand | Reuters.
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