2024-09-21 10:29:25
The crisis in the auto industry is also affecting the world’s largest automotive supplier. Now the CEO is not ruling out further job losses.
Bosch CEO Stefan Hartung has not ruled out an expansion of the planned job cuts at the world’s largest automotive supplier. “The current economic situation makes it difficult to make forecasts,” he told newspapers of the Funke media group. No one can reliably predict what production will be needed in which areas in five years.
Accordingly, capacities could be shifted or reduced. “Nobody likes to cut jobs. But if it cannot be avoided, then we will work with our employee representatives to find the most socially acceptable solution,” said Hartung. A decision has not yet been made on a possible closure of the Hildesheim electric motor plant.
Hartung had previously told the Reuters news agency that it was not possible to make an exact prediction of the consequences for employment in the coming year. “Nobody can say with certainty today that there is no need for further action,” said the Bosch boss. “But site closures are only the last option for us.”