Bosch plans to cut 1,500 jobs at two factories in Germany

Bosch plans to cut at least 1,500 jobs at two of its factories in Germany by 2025 to keep headcount in line with changing demand and technologies in the automotive industry, the maker of car parts said on Sunday.

The plans, first reported by trade publication Automobilwoche, will affect factories in Stuttgart-Feuerbach and Schwieberdingen.