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Section: Arts
The multinational engineering and technology company Bosch has announced plans to halt operations at two of its Power Tools manufacturing facilities in Germany next year as part of a broader cost-cutting initiative.
This decision follows the company's previous announcement regarding a significant reduction in workforce, specifically impacting the Power Tools division. The planned shutdowns are set to affect a facility located at the company's headquarters in Baden-Württemberg, a site that has already experienced significant pushback from employees amidst the ongoing restructuring.
Despite the protests aimed at mitigating the impact of job cuts, Bosch confirmed that the production lines at both affected locations will be phased out. The company has indicated a strategic shift towards international production, suggesting that manufacturing efforts will be relocated to facilities abroad.
In a related development, it was recently revealed that a globally recognized tech firm will establish its German headquarters at a former Bosch site, indicating a transformation in the industrial landscape of the region.
As Bosch moves forward with its restructuring plan, stakeholders will be watching closely to see how these changes affect both the company's operational capacity and its workforce in the coming years.
Section: Arts
Section: Business
Section: Arts
Section: Arts
Section: Business
Section: Business
Section: Arts
Section: Health
Section: Arts
Section: News
Health Insurance in Germany is compulsory and sometimes complicated, not to mention expensive. As an expat, you are required to navigate this landscape within weeks of arriving, so check our FAQ on PKV. For our guide on resources and access to agents who can give you a competitive quote, try our PKV Cost comparison tool.
Germany is famous for its medical expertise and extensive number of hospitals and clinics. See this comprehensive directory of hospitals and clinics across the country, complete with links to their websites, addresses, contact info, and specializations/services.
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