German auto-parts giant Robert Bosch announced plans to cut up to 5,550 jobs across its operations, citing challenges from subdued car sales, intense competition, and an industry-wide pivot to electric vehicles (EVs). Bosch’s move comes as automakers and suppliers grapple with overcapacity and high costs during the ongoing transformation of the mobility sector. The company revealed Friday that its cross-domain computing solutions division will see the largest reduction, with 3,500 jobs expected to be eliminated by 2027. Additionally, Bosch plans to cut 750 jobs at its electric-motor plant in Hildesheim, Germany, by 2032, and 1,300 positions in its steering division in...