BMW launches major voluntary redundancy program to cut 8,000 jobs
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BMW AG
Germany
October 2026
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COMPAMIR Editorial Team
The COMPAMIR editorial team brings together public reporting and links to the original coverage. We update the page as new information emerges.
Read our editorial policy- Earlier version 110/16/2026, 2:51:14 PM
BMW has initiated a voluntary redundancy program targeting 8,000 job cuts by the end of 2027. The program aims to save one billion euros annually starting from 2028. Severance packages can exceed 650,000 euros for individual cases. The move is driven by declining sales in China and high cost-saving pressure.
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