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132 new news items in the last 24 hours
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  2. Economy

BMW announces the elimination of 8,000 jobs in Germany through voluntary departures, affecting the administrative and development departments.

Raluca Ioana Draghici
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30 July 2026, 06:22
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BMW announced on Wednesday that it will eliminate approximately 8,000 jobs in Germany by the end of 2027, through a voluntary departure program, thus becoming the latest German car manufacturer to reduce its workforce due to declining profits and weak demand. The program, agreed upon with employee representatives, specifically targets administrative and development departments, without affecting production activities.

The announcement comes in a context where Volkswagen, Mercedes-Benz, and Porsche have already announced significant staff reductions. German car manufacturers are facing challenges such as high costs of the transition to electric vehicles, competition from Chinese manufacturers, and tariffs imposed by the United States.

BMW recently lowered its profit estimates for 2026, citing a weaker sales performance in China. CEO Milan Nedeljkovic emphasized the need to intensify cost-cutting measures to improve the company's profitability. Financial results for the second quarter will be published on Thursday.

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BMW va elimina câteva mii de locuri de muncă în Germania, pe fondul crizei din industria auto
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BMW accelerează restructurarea: zeci de mii de locuri de muncă vor dispărea până în 2027

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NEWS ON THE SAME TOPICS

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BMW will offer voluntary layoffs for almost half of its German employees, aiming to reduce 8,000 jobs by 2027.
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German car manufacturers are facing major challenges and massive restructuring.
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Volkswagen will reduce its workforce by 19,000 employees in Germany by the end of the year, as part of a streamlining strategy.
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BMW announces negotiations with employee representatives after a profit warning and efficiency measures. The weakness of the Chinese market and rising costs are affecting the company.
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Porsche will eliminate 9,000 jobs by 2035
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Volkswagen is preparing to close four factories in Germany by 2034 and will reduce 50,000 jobs.
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BMW Germany automotive industry jobs restructuring voluntary departures

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