The supplier Bosch In view of the crisis in the car industry, must save massively. The cost of the business area is expected to decrease by 2.5 billion euros per year. This was announced by the head of mobility Markus Heyn and Bosch working director Stefan Grosch in an interview with the “Stuttgarter Zeitung” and the “Stuttgarter Nachrichten”.
The company from Gerlingen at Stuttgart has been screwing its costs for a long time. So far, the group management had not mentioned an exact savings goal. Saving should be saved among other things. Another job cuts will not be avoided, it said in a message.
“The entire industry is in a comprehensive transformation and that is a marathon run. We have to continuously deal with how we get our competitiveness,” said Heyn. The first steps were taken, but more had to go. According to Grosch, the cost gap should be reduced very significantly in the coming years and should be closed at the latest in 2030. You set many levers in motion. “We will do the necessary decisions this year and discuss with employee representatives.”
Further job cuts in sight
Bosch has already had a number of job mining programs since the end of 2023 – especially in the supplier area. Thousands of jobs are supposed to be eliminated worldwide, many in Germany. Grosch and Heyn left how many places are also on the brink. However, the agreement will be adhered to, which excludes operational terminations in the division in Germany by the end of 2027. However, saving should be saved, among other things, for material and energy costs. Productivity should also increase.
The overall works council chairman of the supplier division, Frank Sell, said: You don’t close your eyes to the tense situation. However, there have already been extensive cost savings. “We therefore expect this renewed announcement that management will become concrete promptly, what is planned. End of salami tactics”. The management must show employees the future of the division in Germany and develop solutions together with the works councils.
Mobility division should grow again despite the crisis
The auto crisis is difficult Bosch. At the IAA mobility fair, however, the company recently announced that it is again expecting some growth in the supplier division. The sales plus is expected to be a little less than two percent in the current year. Despite a worldwide stagnating vehicle production, weak demand, and delays in electromobility and automated driving are growed. In addition to drives, safety systems, steering and braking systems as well as sensors, Bosch also supplies manufacturers with high-performance computers and software.