German carmaker BMW is to cut 8,000 jobs worldwide, with positions reduced through natural staff turnover and a voluntary redundancy programme in Germany, sources told dpa on Wednesday.
The redundancy scheme is set to run from October 2026 until the end of 2027 and is aimed at all employees in Germany who are not directly involved in production. Around 84,000 of the company's 154,000 employees work in Germany.
Munich-based BMW is the last major German car manufacturer to carry out a major job-cutting programme after a series of cuts at Volkswagen, Mercedes, Audi and Porsche.
The entire German car industry, a pillar of Europe's largest economy, is suffering from a slump in the crucial Chinese market amid sharply increasing domestic competition. US tariffs and the crisis in the Middle East have exacerbated the difficulties.