BMW wants to cut 8,000 jobs next year - report

Newswire

FRANKFURT, Dec 21 (Reuters) - BMW wants to slash 8,000 jobs next year as its pares costs, German magazine Der Spiegel reported on Friday, adding that the carmaker wants to cut a big part of the jobs by eliminating temporary posts. A BMW spokesman would not confirm the number of job cuts but noted the company has said it plans to boost profitability by cutting costs for materials, development and staff. "We are working to change the trend in the development of our profitability," the ...

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