The automotive supplier Bosch is in crisis and is in the red for the first time in years. In particular, the high costs of job cuts are putting a strain on the balance sheet.
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The billion-dollar costs for job cuts and US tariffs have hit the technology company Bosch pushed deep into the red. The result after taxes was minus 400 million euros, said CFO Markus Forschner when the balance sheet was presented.
In 2024, Bosch’s after-tax profit had already halved compared to the previous year, but was still around 1.3 billion euros.
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