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Bosch Power Tools plans to cut hundreds of jobs by end of 2026

German engineering firm and auto supplier Bosch plans to cut hundreds of jobs in its Bosch Power Tools division. "The company expects a need to cut up to 560 jobs ... by the end of 2026," a Bosch spokeswoman told dpa on Wednesday. The plans affect more than a quarter of the approximately 2,000 employees at the Bosch plant in Leinfelden-Echterdingen, in south-western Germany. Around 3,100 people work in the power tools division in Germany. Bosch cited changing market and customer requirements as

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These 4 auto stocks hit 52-week highs; have rallied up to 11% in a month

The 52-week high serves as a crucial technical indicator for both traders and investors, reflecting the highest price a stock attained in the preceding year.

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Bosch Rexroth debuts AIoT ecosystem at CafeTech 2024, pioneering industrial automation

Bosch Rexroth, the Drive and Control Division of Bosch Vietnam, showcased its latest advancements in ctrlX AUTOMATION Technology at CafeTech 2024.

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Bosch aims to cut 1,200 jobs in software division by end 2026

The spokesperson said talks with employee representatives had yet to start, referring to the proposed job cuts as planned but not yet finalised.

Germany , World-news , Bosch , Jobs ,

Lithium: Thailand's Lithium Discovery: Boosting Electric Vehicle Production | World News

Rest of World News: Thailand has discovered nearly 15 million tonnes of lithium deposits, making it a potential regional hub for electric vehicle production. Find out more about this lithium discovery and its implications.

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Bosch aims to cut 1,200 jobs in software division by end 2026, ET Auto

Bosch: The main reason given for the move, which sees 950 cuts in Germany alone, is the significantly slower-than-expected development of fully automated driving, Handelsblatt reported.

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Researchers Spot Critical Security Flaw in Bosch Thermostats

Thermostats sold across the globe by German multinational engineering company Bosch contained a flaw allowing hackers to cut power to the heating system and

Germany , United-states , America , German , Tim-wieland , Iot-deviceprajeet-nair , David-perera , Bogdan-botezatu , Information-security-media-group , Endpoint-security , Spot-critical-security-flaw , Bosch-thermostatsbitdefender-finds-vulnerability

SP Jain sees five-fold increase in average salary offered to GMBA students in 2023 placement

The salaries offered to students of the MGB Class of 2023 also saw a seven-fold jump, with the top package touching Rs 48.8 lakh. The average salary offered by recruiters was Rs 19.83 lakh, a 21% increase from the previous year, according to the statement.

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6 auto stocks hit 52-week highs, rally up to 15% in a month

The 52-week high is a significant technical indicator for traders and investors, representing the highest price a stock has reached in the preceding year.

Tvs-motor-company , Mrf , Hero-motocorp , Bosch , Auto ,

ChatGPT: From ChatGPT to massive dashboard screens, AI to drive cars of the future

From ChatGPT entering cars to massive dashboard displays for streaming and gaming and autonomous driving, cars of the future took a dramatic uplift at the global tech show in Las Vegas.

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