Bosch (company)
German engineering and technology company
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Robert Bosch GmbH, commonly known as Bosch, is a German multinational engineering and technology company headquartered in Gerlingen, Baden-Württemberg, Germany. The company was founded by Robert Bosch in Stuttgart in 1886. Bosch is 94% owned by the Robert Bosch Stiftung, a charitable institution. Although the charity is funded by owning the vast majority of shares, it has no voting rights and is involved in health and social causes unrelated to Bosch's business.
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Thousands of jobs to go at Bosch in latest blow to German car industryBosch will cut up to 5,500 jobs as it struggles with slow electric vehicle sales and competition from Chinese imports.Sky News - Published |
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