BMW Targets Shedding 20% of Managers Through AI in Savings Push
14 Articles
14 Articles
BMW Targets Shedding 20% of Managers Through AI in Savings Push
BMW AG is planning to deploy artificial intelligence to help eliminate a fifth of management roles by the middle of next year, part of an agreed buyout plan designed to slash costs and boost profitability.
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This should make the company faster. At the same time, the Munich-based companies hardly want to export cars to China in a few years.
German luxury carmaker BMW has unveiled a restructuring plan that includes job cuts, wider use of artificial intelligence and the launch of new models, in an effort to improve performance and restore investor confidence. The company presented...
BMW is taking several steps to strengthen profitability. Among other things, the German carmaker is to get rid of a fifth of its managerial workforce.
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