EMCC European Monitoring Centre on Change

Bosch

Company/Organisation:
Bosch

Geographic Location

Country: World

Company

Sector: Manufacturing
Manufacture of transport equipment
29.3 - Manufacture of parts and accessories for motor vehicles
Number Employed: 283500
Group: Bosch

Employment Effects

Announcement Date: 27-01-2011
Type of Restructuring: Business expansion
Employment Effect Start: 01-01-2011
Foreseen End Date: 31-01-2011
Planned Job Creation: 16500

Additional Information

Automotive supplier Bosch will create 16,500 jobs to reach a total staff of some 300,000 in 2011 if the 2010 growth pace continues. In the fiscal year 2010, the Bosch Group generated a 24% increase in sales compared with the previous year; sales reached pre-crisis 2007 level - mainly because of an increasing demand in the Asia Pacific region. According to a company press release Bosch is looking for more than 9000 univeristy graduates alone.