BMW may lay off up to 6 thousand employees

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BMW may lay off up to 6 thousand employees

Their seat can lose up to 6 thousand employees in Germany, which will fall under reduction in the framework of the plan of the automaker to reduce costs.

It is reported that most of the reductions will take place in the headquarters of BMW in Munich, Germany. These events may coincide with the restructuring of the top management of the brand.

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The current head of research and development Klaus fröhlich going to leave the Bavarian brand’s next summer because he doesn’t want to work with the new Executive Director of the Oliver Zipse. However, it is believed that the head of the Supervisory Board of the automaker, Norbert Reithofer expressed the hope that FR will stay.

Recently it was confirmed that the expert at procurement and BMW engines Marcus Deusmann will leave BMW to become new CEO of Audi. The current chief of staff Milagros Cain of Carreiro-Andre has also recently stated that it would not renew his contract.

“We use reduction to further focus the company in the future and increase efficiency,” – said in the official announcement of the company.

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BMW seeks to increase the effectiveness of the programme of spending cuts worth 12 billion euros, the purpose of which is to compensate for the increased cost of development and implementation 25 of electrified models. Of these 13 vehicles will be plug-in hybrids. Early next decade, BMW will also launch a pilot program testing of Autonomous systems 4 and 5 level.

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