BMWYY - BMW plans to cut 8,000 white-collar jobs in Germany through a voluntary severance program following a plunge in sales in China. -BMW
BMWYY - BMW plans to cut 8,000 white-collar jobs in Germany through a voluntary severance program following a plunge in sales in China. -BMW reported a roughly 5% decline in second-quarter sales, driven by a 30% drop in vehicle sales in China. - POAHY recently agreed to cut 5,000 jobs, while VWAGY is looking to shed as many as 50,000 white-collar staff. WSJ
BMWYY - BMW plans to cut 8,000 white-collar jobs in Germany through a voluntary severance program following a plunge in sales in China. -BMW reported a roughly 5% decline in second-quarter sales, driven by a 30% drop in vehicle sales in China. - POAHY recently agreed to cut 5,000 jobs, while VWAGY is looking to shed as many as 50,000 white-collar staff.
WSJ