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Jewish News 24 · Jul 29, 2026

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BMW plans to cut roughly 8,000 jobs globally, offering voluntary severance to tens of thousands of white-collar workers in Germany while excluding factory staff. The program, running October 2026 through 2027, comes as BMW battles slumping China sales and rising competition from BYD, following a major profit warning last month - joining Volkswagen, Mercedes-Benz, and Porsche in announcing German auto-industry job cuts this year.

BMW plans to cut roughly 8,000 jobs globally, offering voluntary severance to tens of thousands of white-collar workers in Germany while excluding factory staff. The program, running October 2026 through 2027, comes as BMW battles slumping China sales and rising competition from BYD, following a major profit warning last month - joining Volkswagen, Mercedes-Benz, and Porsche in announcing German auto-industry job cuts this year.

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