BMW targets several thousand Germany job cuts through voluntary severance

BMW said it has agreed with labor representatives on an extensive workforce restructuring program in Germany that includes voluntary severance packages, as the carmaker works to reshape its business in a difficult auto market. A person familiar with the matter told The Wall Street Journal that up to 8,000 workers in Germany could be affected. The update aligns with BMW's broader effort to reduce costs as weaker demand in China, competitive pressure, tariffs and other market strains weigh on sales and earnings. The company had already been pursuing a wider restructuring aimed at roughly 8,000 departures worldwide by the end of 2027, with most cuts expected in Germany and focused on non-production roles.