Bosch to lay off 7,000 in Germany amid a challenging 2024 forecast, cutting costs in automotive and tools divisions. CEO ...

Commercial Vehicle Automotive Thermal System Market. The commercial vehicle automotive thermal system market is projected to ...

Despite the layoffs, Bosch is moving forward with its largest-ever acquisition, planning to purchase Irish firm Johnson ...

CEO Stefan Hartung indicated the company won’t meet its economic targets and may make further staffing adjustments. Bosch, ...

Marcone, a distributor of home appliance parts, HVAC, plumbing and other equipment, has relocated its St. Louis branch office ...

The Home Automation System Market was valued at USD 57.67 billion in 2024 and is projected to reach USD 73.49 billion by 2029; it is expected to register a CAGR of 5.0% during the forecast period ...

The Home Automation System Market was valued at USD 57.67 billion in 2024 and is projected to reach USD 73.49 billion by 2029; it is ...

Bosch CEO Stefan Hartung says the company "will not achieve its economic goals in 2024. At the moment, I cannot rule out that we will have to further adjust our staffing resources".

The titans of German industry are shedding their old clothes in favour of new ones. Whether that helps the country’s ailing economy is up for debate. But it certainly bodes well for dealmaking.

Bosch is planning to lay off 7,000 employees in Germany, mainly in the automotive supply sector, tools division, and BSH ...

The crisis in the automotive industry is spreading with increasing intensity. According to current reports, Bosch plans to ...