The German technology concern Bosch has put up for consideration the reduction of 1200 jobs in its division specializing in software development. According to a company spokesperson, these changes should take place by the end of 2026. This was reported by Reuters, citing the German newspaper Handelsblatt.

The Bosch spokesperson said that negotiations with employee representatives have not yet begun, emphasizing that job cuts are planned measures, not a completed process. However, the main points of this step have already become known.

About 950 of the 1,200 redundancies are expected to affect employees in Germany, and the main reason for this decision is the slow development of fully automated driving technology, which has been significantly slower than expected.

The division to be changed, which employs about 20,000 people, is known internally as Cross-Domain Computing Solutions. Its main area of activity is the development of technologies for self-driving cars.

The company explained its move by the severe economic instability and high inflation caused by rising energy and commodity prices. Bosses believe that these factors slow down the transition to new technologies.

A company spokesperson said that employees in the unit that will be affected by the changes were informed of the plans on Thursday, January 18.