BMW cuts jobs, ends self-driving project with Mercedes
BMW will cut 6,000 jobs and halt its self-driving car project with Mercedes-Benz due to the Covid-19 pandemic. – EPA pic, June 19, 2020.
BMW will slash 6,000 jobs this year and freeze a major self-driving technology collaboration with rival Mercedes-Benz as the German luxury carmaker sees demand plunging because of the coronavirus pandemic. “Further steps are needed to make the BMW Group more resilient to external influences and market fluctuations,” bosses said in a statement, adding that the company aims “to achieve planned workforce reductions through attrition and voluntary agreements”.
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