German auto technology supplier Bosch to cut 5,500 jobs, citing stagnant demand for cars and new technology

German auto technology supplier Bosch to cut 5,500 jobs, citing stagnant demand for cars and new technology

ByThe Associated Press
November 22, 2024, 10:16 AM

FRANKFURT, Germany -- German auto technology supplier Bosch to cut 5,500 jobs, citing stagnant demand for cars and new technology.