BMW Targets 8,000 Job Cuts
BMW offers voluntary severance packages
BMW TARGETS 8,000 JOB CUTS THROUGH VOLUNTARY SEVERANCE BMW is offering voluntary severance packages as it seeks to eliminate around 8,000 positions globally.
That equals roughly 5% of its workforce, with most departures expected in Germany.
The offers will target research, development, planning, and other corporate functions.
Factory-floor workers are excluded, while management ranks are also expected to be streamlined.
The program is set to begin in October and run through 2027.
BMW confirmed it reached a restructuring agreement with its German works council but did not confirm the reported details.
The company had 87,436 employees in Germany at the end of 2025.
The cuts follow a profit warning amid weaker Chinese demand, U.S. tariffs, and high European production costs.
BMW reportedly expects the program to support profitability in 2028.