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German electronics group Bosch is planning to slash thousands of jobs in its household appliance division BSH. “Based on the current business volume, BSH is planning to cut around 3,500 jobs globally by the end of 2027, 1,000 of which will already be cut this year,” a company spokesman announced in Munich on Friday. In Germany, 450 jobs will be affected this year. According to the spokesman, the cuts will come in areas such as administration, while production will not initially be affected. The Bosch domestic appliances division, which also includes brands such as Gaggenau and Neff, hopes to a…

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