BMW is set to offer voluntary redundancy to nearly half of its German staff as the premium carmaker moves to eliminate 8,000 jobs by the end of 2027, a report said Wednesday.
About 40,000 of BMW's roughly 85,000 permanent German employees would receive the offers from October, Agence France-Presse (AFP) said, citing a company source.
The source added that production line workers would be spared the cuts.
"The workforce will ultimately be reduced by around 8,000 people by the end of 2027," the source said. "We're planning on the basis of that."
BMW employs about 154,000 people worldwide and the offer would be open to German employees in desk-based roles, the source said.
