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BMW Lays Off 6 Thousand People!

One of the largest auto brands in the world, BMW lays off 6 thousand people.

BMW Lays Off 6 Thousand People!
Yazar: Gülşah Aksoy

Yayınlanma: 19 Haziran 2020 21:24

Güncellenme: 19 Mart 2024 05:11

BMW Lays Off 6 Thousand People! One of the largest auto brands in the world, BMW lays off 6 thousand people. The financial crisis caused by the Covid-19 epidemic that has influenced the world continues to damage many structures from businesses to countries. Almost every day, the news of bankruptcy or staffing from famous companies reveals the global financial collapse. The last sad news on the subject came from the German automotive giant BMW. According to the information obtained, the famous company is preparing to lay off its 6 thousand employees. It is said that the place that will be most affected by this decision of the company will be the main center in Munich. As a result of the alleged inference that will start in December, 6 thousand employees will remain unemployed. With around 133,000 employees worldwide, BMW will implement austerity measures for reasons such as increased production costs and reduced demand for the car due to the outbreak.

First 12-Year Worker to Employ

The luxury car maker is preparing to lay off workers for the first time since the financial crisis in 2008. BMW was known to employ 34,000 employees with a short-term working system due to the Covid-19 outbreak.

Partial Retirement Option Will Be Offered

Within the scope of the savings measures, the company, which says that the contracts of the employees whose contracts have expired will not be renewed, will offer a partial retirement option to employees born in 1963. On the other hand, it is among the claims that BMW wants to hire workers to close the profit gap with its biggest rival, Mercedes.
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