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Herz — World Desk · · 30s summary · 3 min read
BMW plans to cut up to 8,000 jobs in Germany, mainly in administration and development, while leaving production unaffected. According to The Guardian, the carmaker has agreed a voluntary redundancy programme with employee representatives. BMW cites technological change in the automotive industry, geopolitical uncertainty, shifting markets and developments in China. Volkswagen has confirmed plans for up to 100,000 job cuts, while Porsche expects 9,000 departures by 2035. Porsche’s pre-tax profit rose to €1.4 billion, although its first-half sales in China fell by 30%. Aston Martin also reported a first-half pre-tax loss of £154 million.
BMW plans to cut up to 8,000 jobs in Germany, mainly in administration and development. Production operations will not be affected.
According to The Guardian, a BMW spokesperson said on Wednesday that the company had launched a voluntary redundancy programme agreed with employee representatives.
The verified definition supplied for the internal employee body associated with the agreement does not relate to BMW. Its exact nature therefore cannot be explained here.
Milan Nedeljković, previously BMW’s head of production, became chief executive in May.
BMW links the changes to technological transformation in the automotive industry, geopolitical uncertainty and shifting markets.
The carmaker also identifies developments in China as a factor reshaping its operating environment.
Volkswagen confirmed on Friday that it plans to cut up to 100,000 jobs from a total workforce of 650,000.
The group also plans to close four factories and halve the number of models it produces.
Porsche agreed this week to cut a further 5,000 jobs. That brings planned departures to 9,000 by 2035, equivalent to one-fifth of its workforce.
Porsche reported on Wednesday a pre-tax profit of €1.4 billion, up from €1.1 billion a year earlier.
In the first half of 2026, Porsche’s sales in China fell by 30% to 14,500 vehicles. Sales across the group declined by 17%.
In North America, Donald Trump’s withdrawal of electric-car subsidies, including support affecting the Porsche Taycan, also weighed on sales.
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Aston Martin reported on Wednesday a pre-tax loss of £89 million for the second quarter of 2026, compared with £61 million a year earlier.
Its pre-tax loss for the full first half of 2026 reached £154 million.
Aston Martin shares rose by 3.5% after the half-year results were announced. Revenue increased by 38% to £629 million.
Aston Martin has been listed on the London Stock Exchange since 2018. Lawrence Stroll rescued the company in early 2020.
In February, the carmaker had already cut one-fifth of its workforce in its previous round of redundancies.
BMW has not specified how the planned reductions will be divided between administration and development.
The available information gives a ceiling of 8,000 jobs but does not state the final number of departures.
BMW plans to cut up to 8,000 jobs in Germany.
The reductions will mainly affect administration and development, not production.
BMW has launched a voluntary redundancy programme agreed with employee representatives.
Yes. Volkswagen plans to cut up to 100,000 jobs from a total workforce of 650,000.
Porsche expects 9,000 departures by 2035, equivalent to one-fifth of its workforce.