Report
BMW is reportedly cutting more than 100 managers as it speeds up cost-cutting
The Financial Times reports that BMW is bracing for subdued profits for years as it grapples with plunging sales in China and US tariffs.
TLDR
The Financial Times reports that BMW is axing more than 100 managers as it speeds up cost-cutting. The German carmaker is bracing for subdued profits for years amid plunging sales in China and US tariffs.
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