Bosch likely to cut around 2,000 jobs in India amid auto sales slump

Carmakers will shed 80,000 jobs across the world in the coming years

Bosch, the Indian unit of the world’s largest auto-parts supplier, plans to join its parent, Robert Bosch GmbH in cutting jobs as the South Asian nation witnesses one of its worst auto sales slowdowns in decades.
 
The German company will cut “a couple of thousand” jobs in India in the next four years, India Managing Director Soumitra Bhattacharya said. About 10 per cent of 3,700 white-collar jobs and a slightly higher percentage of 6,300 blue-collar jobs will be cut, he added in an interview in Bangalore on December 30.
 
“There is a transformation happening across the industry,” Bhattacharya