German auto parts supplier Bosch mulls cutting 1,200 jobs

German automotive supplier Bosch is considering another round of major job cuts, this time in the company's vehicle electronics and software divisions, reported dpa.

A Bosch spokeswoman told dpa on Thursday that the potential reduction in personnel currently stands at around 1,200 jobs worldwide by the end of 2026.

In Germany, up to 950 jobs could be affected, she said.

Bosch informed workers of the potential job cuts on Wednesday. Negotiations between Bosch management and labour representatives are expected to start in the near future.

The job cuts would impact the company's Cross-Domain Computing Solutions division, which is responsible for vehicle computers, sensors and control units as well as associated software.

The division is facing significantly greater challenges than expected, according to the spokeswoman. She said that Bosch needed to maintain the difficult balance between investment and cost discipline.

In December, Bosch announced that the company was considering cutting up to 1,500 jobs in the drivetrain division.

In both cases, the company said it would look for ways to make job cuts in a responsible way that avoid compulsory redundancies.

An agreement struck with labour representatives last summer commits the company to avoiding compulsory redundancies for roughly 80,000 Bosch employees in Germany until the end of 2027.