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![news__gate Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::183274607.png) NewsGate [@news__gate](/creator/twitter/news__gate) on x XXX followers
Created: 2025-07-24 11:45:10 UTC

- Bosch's decision to cut up to XXXXX jobs by 2029 reflects a broader decline in Germany's auto sector, where new car sales dropped X% in 2024 despite a European recovery, signaling overcapacity and a shift toward electric vehicles (EVs) that require fewer parts, as noted in a 2025 Motor Finance Online analysis.

- The company's pivot to EV, hydrogen, and digital mobility tech aligns with a 2023 study from the World Resources Institute, which found the EV transition could disrupt 30-50% of traditional auto manufacturing jobs due to reduced demand for internal combustion engine components, pushing firms like Bosch to innovate or risk obsolescence.

- Germany's stringent renewable energy policies, criticized for destabilizing industrial power supply since 2015, may have accelerated deindustrialization, with some analysts suggesting a 10-15% cost increase for manufacturers, contributing to Bosch's strategic layoffs.


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**Related Topics**
[finance](/topic/finance)
[electric vehicles](/topic/electric-vehicles)

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