BMW may cut 6,000 jobs

BMW may cut 6,000 jobs

June 20, 2020 0 By autotimesnews

About this writes the publication Handelsblat.

According to media reports, the Bavarian automaker intends to reduce up to 6,000 jobs due to the crisis in the global automotive industry. In addition, BMW intends to refuse the services of employees working on the basis of temporary contracts.

Thus, the number of job cuts could reach 10,000. It is noted that all cuts will be carried out on a voluntary basis and will be aimed at older workers. Previously, such measures were announced by Daimler and Audi.

Recall that from January to May of this year, demand for cars in the European Union fell by 41.5% overall. At the same time, sales in Germany fell by 35%, in France – by 48.5%, in Italy – by 50.4%, and in Spain – by 54.2%.