BMW to cut 8,000 jobs globally via voluntary severance and attrition

Published Jul 29, 07:36 AM UTC

German automaker BMW has announced plans to cut approximately 8,000 jobs worldwide, becoming the last major German automotive group to launch a significant job reduction program. According to company sources cited by dpa and AFP, the cuts will be achieved through natural turnover and a voluntary severance program in Germany. The severance program is scheduled from October 2026 to the end of 2027 and targets all employees in Germany outside of direct production. With more than half of BMW's nearly 154,000 global employees based in Germany—around 84,000 as of mid-year—the majority of job reductions are expected to occur in the country. The announcement follows similar moves by other German automakers amid industry challenges.

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