In 2025, automotive supplier Bosch reported a sharp drop in its operating profit. The company announced on Friday that its operating earnings had fallen nearly in half to about €1.7 billion. CEO Stefan Hartung described the year as difficult and, at times, painful, citing weak sales, adverse currency movements and the costs of a large‑scale layoff program as the main drivers of the decline.

Bosch plans to cut more than 20,000 jobs in Germany-a move that added €2.7 billion to the company’s balance‑sheet burden last year. Management expects any improvement only from 2027 onward, and even then only in select markets. In the Mobility division, the firm faces mounting competitive pressure, while broader economic conditions remain challenging.