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Bosch to Keep Tech Investment High Amid Job Reductions
Summary by Australian Manufacturing
3 Articles
3 Articles
With hard cuts, the traditional Bosch company is trying to get out of the crisis. But first, the renovation program breaks a billion-dollar hole in the balance sheet. The change in the car industry is not the only construction site of the Group.
Bosch posted its lowest profit in years last year. The centuries-old concern appears to have hit rock bottom. It will probably bounce back and start climbing again, but the rescue plan will be costly.
Coverage Details
Total News Sources3
Leaning Left0Leaning Right1Center0Last UpdatedBias Distribution100% Right
Bias Distribution
- 100% of the sources lean Right
100% Right
R 100%
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