{"id":400344,"date":"2026-01-31T09:40:13","date_gmt":"2026-01-31T09:40:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/400344\/"},"modified":"2026-01-31T09:40:13","modified_gmt":"2026-01-31T09:40:13","slug":"germanys-industrial-engine-sputters-as-bosch-axes-20000-jobs-politico","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/400344\/","title":{"rendered":"Germany\u2019s industrial engine sputters as Bosch axes 20,000 jobs \u2013 POLITICO"},"content":{"rendered":"<p>The move lands amid a deepening slump in the country\u2019s automotive industry, long the backbone of German manufacturing. The sector has been shedding jobs rapidly: <a href=\"http:\/\/a 2025 study by EY found that more than 50,000 automotive positions were cut in Germany last year alone.\" target=\"_blank\" rel=\"nofollow\">A 2025 study by EY<\/a> found that more than 50,000 automotive positions were cut in Germany last year alone.<\/p>\n<p>Germany\u2019s automotive downturn has become a wider political test for the government in Berlin and Europe more widely. Once the economy\u2019s crown jewel, the industry is now being challenged by current policy on electric vehicles, energy costs and aggressive competition from Chinese manufacturers.<\/p>\n<p>As suppliers weaken, the risk is shifting from lower profits to a lasting loss of competitiveness. With layoffs rising and investment decisions being delayed, Chancellor Friedrich Merz\u2019s government is coming under growing pressure from workers, unions and industry leaders to rethink Germany\u2019s industrial strategy \u2014 as doubts spread domestically and across Europe about the country\u2019s ability to remain an economic powerhouse.<\/p>\n","protected":false},"excerpt":{"rendered":"The move lands amid a deepening slump in the country\u2019s automotive industry, long the backbone of German manufacturing.&hellip;\n","protected":false},"author":2,"featured_media":400345,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[84,7816,891,6230,1336,1294,9114,1344,2794,145,555,465,2924,10420,467,822,306,56,1932,54,55],"class_list":["post-400344","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-cars","tag-china","tag-competitiveness","tag-data","tag-economy","tag-electric-vehicles","tag-energy","tag-friedrich-merz","tag-germany","tag-industry","tag-investment","tag-labor","tag-manufacturing","tag-markets","tag-mobility","tag-regulation","tag-uk","tag-unemployment","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/400344","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=400344"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/400344\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/400345"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=400344"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=400344"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=400344"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}