Bosch sets 1,300 jobs in Schwäbisch Gmünd - city in an alarming crisis!

Bosch sets 1,300 jobs in Schwäbisch Gmünd - city in an alarming crisis!

Schwäbisch Gmünd, Deutschland - The car supplier Bosch faces a massive job cuts at the Schwäbisch Gmünd location. The company plans to delete up to 1,300 jobs in its steering division in the coming years, which corresponds to more than a third of the currently 3,600 employees. The plans that originally provided 750 jobs by 2026 had to be drastically increased due to the intensified competition in the industry. Bosch justifies these measures with the continued pressure to lower costs and bundle functions in order to remain competitive. The location itself is largely responsible for the production of steering systems for cars and commercial vehicles, and the management emphasizes that internationally competitive prices are required to keep the market position, including the information from the Swabian Post .

Reasons for dismantling

The location in the automotive industry is tense for Bosch; According to Stefan Grosch, managing director and work director, the market and overcapacity are stagnating. In addition, the persistent transformation process for electromobility and the necessary adjustments promote job cuts. Depending on the type of drive, the personnel requirement varies significantly: While ten employees are required for a diesel drive, the electric motor is only one employee left. These structural changes, along with a weak economy and increasing competitive pressure, force Bosch to take radical steps in order to remain in the long term, as well as from the Tagesschau is reported.

The IG Metall union is disappointed with the decision and announces resistance. It calls for transparent communication via the personnel measures and requires a future concept for the locations. Mayor Richard Arnold speaks of an "extremely heavy blow" for the city of Schwäbisch Gmünd and emphasizes the challenges that these dismissals bring. The job cuts could not only affect the workers concerned directly, but also lead to negative consequences for local retail and gastronomy. Bosch explained that the closure of locations is considered the last remedy, but the uncertainty about the future of the Gmünd location remains.