Bosch cited stagnating global auto sales, too much factory capacity in the auto industry compared to sales prospects and a slower than expected transition to electric-powered, software-controlled ...
Bosch said it expected to cut 3,500 jobs in its cross-domain computing solutions division by 2027. Subdued car sales and intense competition have hit earnings at carmakers.
Getting your Trinity Audio player ready... Applications are now being accepted for a new round of grants from the One North Carolina Small Business Program, a key source of funding for small ...