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The Economic Times
The Economic Times
National

BMW to cut 8,000 jobs in Germany as AI-led restructuring takes shape

BMW Germany Milan Nedeljkovic China Luxury United States Artificial Intelligence

BMW is planning to cut about 8,000 jobs in Germany as part of a restructuring programme aimed at lowering costs and making the luxury carmaker more competitive, Reuters reported on Wednesday.

The job cuts came as BMW is facing sustained weak demand, tougher competition from Chinese automakers and navigating the impact of US tariffs. Reuters reported that the company had issued its third profit warning linked to weak performance in China in just over three years in June.

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