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Auto News Articles - BMW to cut another 5,600 by end of 2008
News Article
BMW to cut another 5,600 by end of 2008
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Source: MSNBC
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Date:2/28/2008
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Source Link: Click Here |
Luxury automaker BMW AG said that it will cut another 5,600 jobs by the end of 2008, on top of 2,500 other positions that have already been eliminated, as it moves to pare expenses amid a wider cost-cutting program. The jobs being cut include 2,500 full-time and 2,500 temporary workers in Germany, along with 600 other positions abroad.
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