Bosch is planning to lay off 7,000 employees in Germany, mainly in the automotive supply sector, tools division, and BSH subsidiary. Despite aiming for a major acquisition of Johnson Controls worth $8 billion to boost its position in the heat pump and air conditioning industry, Bosch will not achieve its 2024 economic goals.
Related Posts
‘India was never neutral …’: Key takeaways from PM Modi’s Ukraine visit
Prime Minister Narendra Modi visited Kyiv, Ukraine, and held talks with President Volodymyr Zelenskyy to strengthen bilateral relations amidst the ongoing war with Russia. Both […]
Kolkata doctor rape-murder: Post-mortem report highlights brutal assault, signs of struggle
Sanjay Roy was arrested for the rape and murder of a postgraduate doctor in Kolkata. DNA evidence linked him to the crime, prompting nationwide protests […]
Watch: PM Modi welcomes birth of calf ‘Deepjyoti’ at residence
Prime Minister Narendra Modi announced the arrival of a new calf named ‘Deepjyoti’ at his residence on Lok Kalyan Marg. The calf, born to an […]