Bosch China denies starting layoffs, Xu Daquan responds: Changes in individual traditional business lines are normal circumstances.

Recently, the President of Bosch China, Xu Daquan, told Every Day Economy: "For a company with over 50,000 employees, it is normal to make adjustments in individual traditional business lines during this period of great change in the automotive industry. This personnel adjustment only involves individual departments, but it has been misinterpreted as Bosch starting layoffs, which is not the case." This is his response to the recent rumors of Bosch China starting layoffs. According to reporters, Bosch China's minor adjustment to individual business lines is also related to Bosch Group's overall business layout and industry development trend.