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Auto News Articles - Rising euro pushes BMW into eliminating 8,100 jobs
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Rising euro pushes BMW into eliminating 8,100 jobs
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Source: International Herald Tribune
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Date:2/28/2008
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Source Link: Click Here |
BMW, the German luxury carmaker, announced that it was eliminating 8,100 jobs, as the rising euro pushed the company into the kind of tough cost-cutting it had long resisted. About 2,500 temporary workers in Germany have already left BMW, and the company said that another 2,500 in Germany would follow by the end of this year.
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