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Robert Bosch Plans to Create 16,500 Jobs This Year, FT Reports

Robert Bosch GmbH, the world’s biggest car-parts maker, will increase its global workforce by 16,500, or 6 percent, this year, the Financial Times reported, citing Chief Executive Officer Franz Fehrenbach.

The plan indicates that Germany’s industrial recovery is filtering down to the job market, the newspaper said.

Fehrenbach said closely held Bosch will add most jobs in Asia, with hiring in Germany limited to highly skilled people; he added that employment in Europe depends to a great extent on growth in emerging markets, the FT reported.

To contact the reporter on this story: Alan Purkiss in London on apurkiss@bloomberg.net.

To contact the editor responsible for this story: Colin Keatinge in London at ckeatinge@bloomberg.net.

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