Report
BMW plans to cut about 8,000 jobs in Germany
The Economic Times reports BMW also plans to reduce divisions and associated management roles by 20% by mid-2027.
TLDR
The Economic Times, citing Reuters, reports BMW plans to cut about 8,000 jobs in Germany as part of a cost-cutting restructuring amid weak demand and tougher Chinese competition. BMW says it plans to reduce divisions and associated management roles by 20% by mid-2027 and use AI more widely across its operations.
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