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shortened workweek has been touted as a way to encourage efficiency and engagement, not a way to cut pay. But one German company is using it as it tries to drastically reduce costs.W
here in the world? Germany is Europe’s largest economy, but has struggled since 2022 amid weak demand for exports like electric cars and competition with China. Now, Robert Bosch, a German autopart supplier with 429,000 global employees as of 2023, announced plans to cut some employees’ hours as the company tries to save costs, Fortune reported. The move came shortly after a fresh round of layoffs affecting