Major Layoffs in Bulgaria as Bosch Ends Engineering Operations in Sofia

German technology company Bosch will wind down operations at its Engineering Center in Sofia, resulting in the layoff of around 670 employees, according to an official company announcement. The closure will be carried out in phases and is expected to be completed by mid-2027. The job cuts will begin this year with around 400 employees affected, while the remaining positions will be eliminated by 2027....