Bosch to cut 10,000 jobs this year
Robert Bosch expects to cut 10,000 jobs this year and keep 100,000 more staff on short working hours amid an auto industry slump that could last for years, CEO Franz Fehrenbach said.
Video game publisher Electronic Arts said Friday it will cut 1,000 jobs, or 10% of its work force, as part of a restructuring plan that will save around $120 million a year.