German tech company Bosch, for example, announced a $1.9 billion investment in the Greater Sacramento area in 2023 to manufacture chips for electric vehicles, converting its facility in Roseville into a silicon carbide semiconductor production site.
Potential U.S. semiconductor manufacturing boom complicated by Donald Trump's economic policies
→
Some 3,500 of the job reductions at Bosch would come before the end of 2027 and would hit the part of the company that develops advanced driver assistance and automated driving technologies, as well as centralized vehicle software, said Bosch, which is headquartered in Gerlingen near Stuttgart.
German auto supplier Bosch to cut 5,500 jobs in further sign of carmakers' woes
→
