BMW Temporarily Suspends the Voluntary Departure Program After a Wave of Requests. Employees Received Hundreds of Thousands of Euros

Sueddeutsche Zeitung

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The Munich-based car manufacturer wants to cut off thousands of jobs and end the employees. However, the interest is now so enormous that the company has to slow down for the time being.

Kronen Zeitung

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The car industry is currently under massive pressure: the market is breaking in in China, which is also felt by BMW. Now the Bavarian cult brand wants to cancel thousands of jobs. BMW recently launched a severance program online. The rush on it was probably so great that it had to be stopped again after a short time.

Bild

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BMW wants to remove thousands of jobs, lures employees with voluntary severance payments. But the rush is so great that the program has to be stopped.

br.de

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The car companies are under pressure. Many are tightening up their savings programs and removing jobs, including BMW. According to the manufacturer, Kreisen wants to remove up to 8,000 jobs – through a severance program that is obviously very attractive.

www.kleinezeitung.at

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BMW had to stop its lucrative severance program in the meantime, reports the Bayerische Rundfunk: 8000 employees are to be dismantled altogether.

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BMW temporarily suspended the voluntary departure program just a few days after launch, after the initiative had attracted an unexpected large number of requests from employees.