The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
(10 - 33) Manufacturing (29 - 30) Manufacture for transport equipment 29.3 - Manufacture of motor vehicle parts and accessories 29.3 - Manufacture of motor vehicle parts and accessories
20,000 jobs Number of planned job creations
Announcement Date
30 March 2017
Employment effect (start)
30 March 2017
Foreseen end date
31 December 2017
Description
On Thursday 30 March 2017, the Germany-based engineering and electronics company Bosch announced the plan to create 20,000 new jobs by the end of the year. New hires are planned mainly in the IT and software departments but more jobs will create also in manufacturing. Mechanical engineers and software developers will have particularly good chances.
Job creation is part of a global recruitment programme and Bosch will recruit world wide. Germany will benefit by around 3,400 new employees, India 3,100 and China 2,500.
Bosch currently employs around 375,000 employees worldwide.
Sources
30 March 2017: Stuttgarter Nachrichten (online)
4 April 2017: Just auto
Citation
Eurofound (2017), Bosch, Business expansion in World, factsheet number 90710, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/90710.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...
The more employee monitoring resembles surveillance – with its systematic, continuous and detailed tracking of employees' activities, behaviours or communications – the greater the potential for infringement of both privacy and data protection rights. Although the EU General Data Protection...
Since 2013, Eurofound's ERM database on restructuring-related legislation has been documenting regulatory developments in the Member States of the European Union and Norway which are explicitly or implicitly linked to anticipating and managing change. The most recent update to the...