BMW layoffs information: Even if the economic crisis continues, BMW will not carry out layoffs
BMW recently said that even if the current economic crisis has not been improved, BMW will not be any layoffs.
BMW personnel manager Harald Krueger told Reuters, “We recruit frame of reference, including hours work calculation, holidays and the number of natural factors such as demographic changes and mobility.”
To achieve cost reduction objectives, BMW has already laid off 10000 people, and shortening the working hours of in-service workers. The move for BMW to save about 500 million euros of fixed costs. In addition, the estimated new BMW 5 Series GT models of the new company will drive sales growth.
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