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BMW to Cut 8K Jobs by 2027 | Europe News

BMW to Cut 8K Jobs by 2027 | Europe News

Published 3 weeks, 6 days ago
Description

BMW is preparing to slash up to 8,000 jobs by 2027 through a voluntary exit plan, starting in October—primarily targeting German administrative and R&D staff. This move, negotiated with the employee council, follows a broader industry trend as automakers like Volkswagen, Porsche, and Mercedes cut roles amid declining Chinese sales and shifting market demands. The company’s profit outlook was hit hard, forcing a major reevaluation of staffing levels.

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