Bosch cuts working hours of 2,300 subsidiary employees

The economic downturn is forcing Bosch to save money. At one subsidiary, no jobs are to be lost at the moment, but the cuts are being made elsewhere.Due to the tense situation in the mobility sector, the technology group Bosch is cutting working hours for 2,300 employees at a subsidiary. Weekly working hours at Bosch Engineering will be reduced at all German locations, a company spokeswoman said in response to a query. This was stipulated in a g…