TechQuartzabout 1 hour ago
Bosch Splits Automotive Unit Into New Firm
2 min read
Bosch plans to spin its German Mobility business into a separate company starting Aug. 1, 2027. Roughly 62,500 staff will move to new entities while the parent group shrinks to 3,000 employees. Mobility sales hit €55.8 billion in 2025 with a 1.8% margin, and the firm aims to eliminate a €2.5 billion cost shortfall by cutting jobs.
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