Economic TimesLean R·
BMW to cut 8,000 jobs by end 2027: Source
Frankfurt: Premium carmaker BMW is to offer almost half its German staff voluntary redundancy in a bid to cut 8,000 jobs by the end of 2027, a company source told AFP Wednesday.About 40,000 of BMW's roughly 85,000 permanent German employees would receive the offers from October, the source said, adding that production line workers would be spared the cuts."The workforce will ultimately be reduced by around 8,000 people by the end of 2027," the source said. "We're planning on the basis of that."…
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