BMW to cut ‘as many as 8,000 jobs’ under pressure from Chinese rivals

BMW is cutting as many as eight thousand jobs in Germany, according to The Guardian. Europe's largest automaker is targeting administrative and development roles, leaving production operations unaffected. The cuts come as major European manufacturers face mounting pressure from Chinese competitors. BMW has established a voluntary redundancy programme negotiated with employee representatives, reflecting the competitive challenges confronting Europe's traditional car industry.

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