BMW to Cut 8K Jobs by 2027 | Europe News

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. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/6aaf477e50b14e1d