Business · Companies · 1 day ago

Bosch chief plans faster decisions and €100 million in startup investment

Bosch chief plans faster decisions and €100 million in startup investment

Christian Fischer, Bosch’s new chief, has outlined plans to change the 140-year-old company in his first interview.

He wants Bosch to make decisions faster and become more innovative.

He also wants the company to find new areas for growth beyond cars and household appliances.

The plans come as Bosch is carrying out major job cuts in Germany.

Fischer says Bosch will invest €100 million in German start-ups, offering a positive signal for the country as a business location.

He also wants the company to have housing built.

The interview does not give details about when these plans will be carried out.

Sources

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