Published February 23,2024
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The Bosch group mentioned Friday it deliberate to axe 3,500 jobs at its BSH dwelling home equipment subsidiary by 2027, the most recent in a sequence of job cuts amongst German producers as they wrestle with rising prices and weaker demand.
The firm needed to “reduce complexity and costs” so as to “safeguard its competitiveness” in a difficult financial setting, BSH mentioned in a press release.
Source: www.anews.com.tr