(FILES) In this file photo taken on March 20, 2024 participants hold up placards with letters reading 'Jobkiller' as employees of German technology company Bosch protest against the company's plans to cut thousands of jobs at the company's headquarters in Gerlingen near Stuttgart, southwestern Germany . Germany's Bosch said on November 22, 2024 it planned to cut thousands of jobs in its automotive businesses as car suppliers struggle to manage the difficult transition from combustion engines to electric vehicles. Some 5,500 jobs would be axed worldwide, with the majority in Germany, according to figures provided by the company. (Photo by THOMAS KIENZLE / AFP) (Photo by THOMAS KIENZLE/AFP via Getty Images)