BMW 'plans to slash 8,000 jobs' in massive cost-cutting operation

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GB News

BMW 'plans to slash 8,000 jobs' in massive cost-cutting operation

BMW is set to axe thousands of jobs worldwide in a massive cost-cutting effort following negotiations with employee representatives. A company spokesperson confirmed that jobs would be lost by the end of 2027 through a voluntary redundancy programme. In a comment to Reuters, a spokesperson said the company and works council had agreed on a severance programme aimed at administration and development positions. Produ…