German industrial group Bosch will cut up to 400 jobs, or about a third of the workforce at a windscreen wiper factory in Tienen, Belgium, the company said on Thursday. The cuts, which will be implemented by 2020, were a result of increased competition and the aim of making the production process more efficient through … Continue reading
After being hit hard by stagnation of demand linked to the continent’s debt crisis, Bosch is now battling to avoid cutting jobs at its European plants. In spite of recent growth in emerging markets, Europe still accounts for 57 % of sales and forecasts expect revenues this year to remain below the level achieved in … Continue reading
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 … Continue reading