Key facts
- BMW is preparing to hold talks with employee representatives.
- The company issued a profit warning due to weakness in the Chinese car market and cost pressures.
- BMW plans to intensify structural cost-cutting and efficiency measures.
- The company expects a reduction in its global workforce of up to 5% by the end of 2026, occurring through natural attrition.
German premium carmaker BMW is preparing to engage in talks with employee representatives following a recent profit warning and a commitment to enhance efficiency measures. A spokesperson for the general works council indicated that the company is focused on developing viable solutions through dialogue and a sense of responsibility towards its employees.
