Bosch’s future appears relatively stable, a situation deemed circumstantial and not threatening to an important company for both the region and the country, as expressed by Castro Almeida during a session at the Assembleia da República in Lisbon.
Beginning in November, Bosch’s Braga facility will enter a layoff period, lasting potentially until April 2026, impacting 2,500 employees due to a shortage of electronic components, as announced by the company this week.
The Minister of Economy and Territorial Cohesion emphasized that there has been no market downturn, as Bosch continues to have ample clients, work, and competitiveness.
He further informed the Agriculture and Budget committees that the company has assured the government that it will uphold all workers’ rights, allowing them to return to their positions once materials are available.
This layoff involves a temporary reduction in normal working hours or suspension of employment contracts initiated by companies due to market, structural, or technological reasons, or catastrophic events significantly affecting normal business activities.
Around 2,500 employees will be affected by the suspension of contracts and/or hour reductions.
The company affirmed its commitment to serve clients and minimize production constraints by exploring alternative supply sources.
Bosch also stated that production in Braga is expected to return to normal as soon as the electronic component shortage is resolved.
