Job Cuts at Bosch Rexroth: A Tale of Hydraulic Heartbreak
Date: November 8, 2024
Author: Julian Baumann
So, Who Gets the Axe?
Well, folks, gather round—there’s a new chapter in the ongoing saga of corporate restructuring. It seems our friends over at Bosch Rexroth, a name synonymous with mobile hydraulics, have decided to do a little ‘spring cleaning’—and by spring cleaning, I mean throwing about 250 jobs into the metaphorical hydraulic shredder. If you thought your Monday morning coffee was a bit bitter, try finding out your job’s being cut without so much as a ‘cheers!’
Where’s the Love? Or, You Know, Jobs?
According to the oh-so-lovely Bosch bigwig, Matthias Aberle, this lovely job culling is due to declining orders in the mobile hydraulics sector. Talk about a slippery slope! It’s like someone went to a party and forgot to bring the hydraulics—what a party that must’ve been. With locations in Bavaria and Baden-Württemberg at stake, it’s safe to say this isn’t just a localized issue. No, my friends, this is a regional calamity!
Elchingen and Horb: The New Graveyards of jobs?
If you’re looking for the epicenter of this job apocalypse, look no further than Elchingen and Horb am Neckar. It appears that these towns in Southern Germany are being handed job notices that come with a side of emotional distress. “We’re wishing all employees best of luck,” they probably said while prepping the pink slips.
| Founded | 1795 (Rexroth), 2001 (Bosch Rexroth) |
|---|---|
| Headquarters | Stuttgart (headquarters), Lohr am Main (administration) |
| Industry | Drive and automation technology |
| Parent Company | Robert Bosch GmbH |
| Employees | 33,800 (2023) |
| Sales | 7.6 billion euros (2023) |
Filtered Job Losses: Socially Acceptable
Now, let’s talk about the corporate buzzword of the day: “socially acceptable.” Bosch assures us the job cuts will be done in a way that’s “as socially acceptable as possible.” That’s a euphemism if I ever heard one! I imagine it’s like a dentist saying, “This will only hurt a little,” while he’s holding a pair of pliers. Meanwhile, in reality, the people affected are left wondering about their next steps, which—spoiler alert—aren’t at Bosch Rexroth anymore.
What’s Next?
Currently, around 2,200 people in Elchingen and 950 in Horb are sweating it out, with nearly half of the Horb employees already on short-time work. That’s an artistically terrible picture if you ask me. And just so we don’t forget, it’s the parent company, Robert Bosch GmbH, that’s been crying the “massive job cuts” tune since spring. It’s a party, but the invite seems to have gone to the wrong address.
The Final Thoughts
Job cuts are never fun. They’re like bad stand-up comedy; no one wants to be the butt of the joke. So here’s to the affected employees: May your next opportunities be less ‘shreddy’ and, ideally, with a better punchline! And to Bosch Rexroth—let’s hope this isn’t the beginning of a hydraulic horror story that keeps on giving!
PressSplit
The Bosch subsidiary Rexroth has revealed further job cuts, extending the impact beyond its headquarters.
Horb am Neckar – In light of the ongoing economic challenges, Bosch CEO Stefan Hartung has hinted at the possible escalation of previously announced job reductions. Recently, Bosch Rexroth disclosed significant layoffs affecting multiple locations, predominantly in Bayern, with additional cuts expected in Baden-Württemberg. Just a few weeks prior, 240 positions were slated for elimination at the headquarters located in Lohr am Main, Bavaria, which will also witness additional layoffs.
Bosch Rexroth, operating under Robert Bosch GmbH, maintains its legal headquarters in Stuttgart and its administrative center in Lohr am Main. The company, originally a collaborative venture between Bosch and Siemens, is now wholly owned by the Bosch Group. The announced job reductions will primarily affect the Mobile Hydraulics sector across locations in Lower Franconia, Swabia, and Baden-Württemberg, as part of a broader strategy to adjust to decreased demand. Additionally, another Bosch subsidiary reported it has placed 1,500 workers on short-time work at one of its German facilities.
Bosch Rexroth announces job cuts in the hydraulics sector – several locations affected
On November 6th, Bosch Rexroth communicated plans to cut jobs due to a significant downturn in the mobile hydraulics division. In response to a decrease in orders, the company had previously taken proactive measures like implementing short-time work and allowing fixed-term contracts to lapse. “We now assume that this is unfortunately no longer sufficient in all areas,” commented Matthias Aberle, head of the Mobile Solutions business unit at Bosch Rexroth. The projected reduction of around 250 jobs will primarily impact facilities in Elchingen near Neu-Ulm and Horb am Neckar.
According to Bavarian Radio (BR) reports, the Elchingen site, situated on the Bavarian-Baden-Württemberg border, is set to lose 180 positions by 2025. Additionally, 15 jobs will be cut at the administrative headquarters in Lohr am Main. The Bosch subsidiary also aims to eliminate 135 jobs at the Augsfield location, part of the Hassfurt district, by the end of 2027. Currently, the Bosch subsidiary has approximately 330 jobs available within Bavaria.
Job cuts at the Bosch subsidiary affect the plant in Horb am Neckar
The current measures predominantly affect the 250 positions at the two hydraulics operations in Elchingen and Horb, where approximately 90 job reductions are anticipated along with planned transfers and retirements. In Horb am Neckar, around 50 positions have been confirmed as impacted by the layoffs. The company spokesperson stated that all affected positions will be eliminated through socially acceptable methods.
At present, approximately 2,200 employees work at the Elchingen facility, while 950 are employed at Horb am Neckar. Reports indicate that around 500 of the Horb employees are currently on short-time work, although the duration of these reductions has yet to be determined. In the spring, the parent company Robert Bosch GmbH announced extensive job cuts across various business sectors, although after significant protests, the number of reductions was reportedly scaled back from initial projections.
Where’s the Love? Or, You Know, Jobs?
According to the oh-so-lovely Bosch bigwig, Matthias Aberle, this lovely job culling is due to declining orders in the mobile hydraulics sector. Talk about a slippery slope! It’s like someone went to a party and forgot to bring the hydraulics—what a party that must’ve been. With locations in Bavaria and Baden-Württemberg at stake, it’s safe to say this isn’t just a localized issue. No, my friends, this is a regional calamity!
Elchingen and Horb: The New Graveyards of Jobs?
If you’re looking for the epicenter of this job apocalypse, look no further than Elchingen and Horb am Neckar. It appears that these towns in Southern Germany are being handed job notices that come with a side of emotional distress. “We wish all employees the best of luck,” they probably said while prepping the pink slips.
| Founded | 1795 (Rexroth), 2001 (Bosch Rexroth) |
|---|---|
| Headquarters | Stuttgart (headquarters), Lohr am Main (administration) |
| Industry | Drive and automation technology |
| Parent Company | Robert Bosch GmbH |
| Employees | 33,800 (2023) |
| Sales | 7.6 billion euros (2023) |
Filtered Job Losses: Socially Acceptable
Now, let’s talk about the corporate buzzword of the day: “socially acceptable.” Bosch assures us the job cuts will be done in a way that’s “as socially acceptable as possible.” That’s a euphemism if I ever heard one! I imagine it’s like a dentist saying, “This will only hurt a little,” while he’s holding a pair of pliers. Meanwhile, in reality, the people affected are left wondering about their next steps, which—spoiler alert—aren’t at Bosch Rexroth anymore.
What’s Next?
Currently, around 2,200 people in Elchingen and 950 in Horb are sweating it out, with nearly half of the Horb employees already on short-time work. That’s an artistically terrible picture if you ask me. And just so we don’t forget, it’s the parent company, Robert Bosch GmbH, that’s been crying the “massive job cuts” tune since spring. It’s a party, but the invite seems to have gone to the wrong address.
The Final Thoughts
Job cuts are never fun. They’re like bad stand-up comedy; no one wants to be the butt of the joke. So here’s to the affected employees: May your next opportunities be less ‘shreddy’ and, ideally, with a better punchline! And to Bosch Rexroth—let’s hope this isn’t the beginning of a hydraulic horror story that keeps on giving!
PressSplit
The Bosch subsidiary Rexroth has revealed further job cuts, extending the impact beyond its headquarters.
Horb am Neckar – In light of the ongoing economic challenges, Bosch CEO Stefan Hartung has hinted at the possible escalation of previously announced job reductions. Recently, Bosch Rexroth disclosed significant layoffs affecting multiple locations, predominantly in Bayern, with additional cuts expected in Baden-Württemberg. Just a few weeks prior, 240 positions were slated for elimination at the headquarters located in Lohr am Main, Bavaria, which will also witness additional layoffs.
Bosch Rexroth, operating under Robert Bosch GmbH, maintains its legal headquarters in Stuttgart and its administrative center in Lohr am Main. The company, originally a collaborative venture between Bosch and Siemens, is now wholly owned by the Bosch Group. The announced job reductions will primarily affect the Mobile Hydraulics sector across locations in Lower Franconia, Swabia, and Baden-Württemberg, as part of a broader strategy to adjust to decreased demand. Additionally, another Bosch subsidiary reported it has placed 1,500 workers on short-time work at one of its German facilities.
Bosch Rexroth announces job cuts in the hydraulics sector – several locations affected
On November 6th, Bosch Rexroth communicated plans to cut jobs due to a significant downturn in the mobile hydraulics division. In response to a decrease in orders, the company had previously taken proactive measures like implementing short-time work and allowing fixed-term contracts to lapse. “We now assume that this is unfortunately no longer sufficient in all areas,” commented Matthias Aberle, head of the Mobile Solutions business unit.