Bosch to cut around 6% of jobs at home appliance division

24/02/2024

FILE PHOTO: A Bosch company sign is seen at the Appliance and Electronics World Expo (AWE) in Shanghai, China March 23, 2021. REUTERS/Aly Song/File Photo

FRANKFURT (Reuters) – BSH Hausgeraete, the home appliance division of automotive supplier Bosch, will cut around 3,500 jobs, or about 6% of its workforce, by 2027, its CEO Matthias Metz told Sueddeutsche Zeitung.

Metz said the cuts would occur in administration and internal services, as opposed to its production sites, he was quoted as saying.

(Reporting by Alexander Huebner; Writing by Christoph Steitz)

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