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.
Related Posts
Uber Shares Jump as Company Returns to Profitability
Second-quarter results beat expectations, and the company projected sales growth.
Gucci Owner Kering Misses Sales Views Amid Brand Revamp Challenges, Asia Woes
The French luxury group posted revenue below analysts’ expectations in the third quarter as a slump in demand for luxury goods in the Asia-Pacific region […]
Barclays to Replace Goldman Sachs as Issuer of GM Credit Cards
The deal aims to expand Barclays’s consumer ambitions in the U.S. while getting Goldman closer to exiting consumer lending.