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Bosch subsidiary plans to cut up to 400 jobs as car industry sputters

By Yahoo! Finance   |   3 months ago
Bosch subsidiary plans to cut up to 400 jobs as car industry sputters

Bosch's ETAS plans to cut up to 400 jobs due to the ongoing crisis in the German automotive industry, affecting around 1 in 8 employees. The downturn is linked to reduced demand for driver assistance systems.

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