A board member of Bosch, the German industrial behemoth that is reliant on a flagging car industry, says fresh plans to lay off up to 10,000 people have created an “absolutely unbearable” atmosphere at the firm.
Frank Sell, a member of Bosch’s supervisory board and deputy chairman of the group’s works council in its Mobility Services division, told Reuters that the firm’s recently announced round of layoffs could affect between 8,000 and 10,000 roles, adding the news had created an increasingly tense environment in the unit.
