BMW Targets 8,000 More Job Cuts in Fresh Cost-Cutting Drive
OilPrice.com
Read Full Article at OilPrice.com →Ad Slot — In-Article (728x90)
BMW shares in Germany are down 36% so far this year, as the automaker's latest forecast downgrade was described by JPMorgan analyst Jose Asumendi as a "wake-up call for the auto industry.
" The outlook for BMW continues to deteriorate, with Bloomberg reporting that the automaker will begin a sweeping workforce restructuring in Germany this fall.
This is a summary. For the full story, read the original article at OilPrice.com.
Original source: OilPrice.com