Bosch’s automotive division is set to eliminate 22,000 jobs. Stefan Asenkerschbaumer, the chairman of the supervisory board, believes that political involvement is crucial to safeguarding the location’s competitiveness. However, he also stresses that in the end, each company is ultimately accountable for its own destiny.
Perilous Times for Suppliers: «Simply Waiting Would Be Fatal»
The automotive supplier industry is grappling with significant challenges. As Stefan Asenkerschbaumer, the chairman of Bosch’s supervisory board, stated in an interview at the company’s headquarters in Gerlingen, «Uncertainty is inherent in entrepreneurship.»
Bosch’s decision to reduce its automotive workforce by 22,000 positions underscores the severity of the situation. Asenkerschbaumer pointed to the necessity of political engagement to ensure the continued viability and competitive standing of the German automotive sector. Nonetheless, he concluded that the onus of navigating these turbulent times ultimately rests on the shoulders of each individual company.
English Translation:
Bosch’s automotive division is cutting 22,000 jobs. Supervisory board chairman Stefan Asenkerschbaumer sees politics as obligated to secure the competitiveness of the location. But in the end, every company is called upon itself.
The automotive supplier industry is in crisis. «It would be fatal to just wait,» says Stefan Asenkerschbaumer, chairman of the supervisory board of Bosch, in an interview at the company’s headquarters in Gerlingen: «Uncertainty is part of entrepreneurship.»
Bosch is cutting 22,000 jobs in its car division. Supervisory board chairman Stefan Asenkerschbaumer sees politics as responsible for ensuring the competitiveness of the location. But in the end, every company is called upon itself.
