BMW’s voluntary departure program has drawn such strong interest that its online compensation calculator temporarily became unavailable due to heavy traffic, according to German broadcaster BR.
The automaker plans to cut up to 8,000 jobs by the end of next year, with the program expected to cost hundreds of millions of euros.
BMW anticipates annual savings of €1 billion from 2028 as it restructures amid mounting pressure on Germany’s auto industry.
BMW Group is rolling out Legora across its in-house legal team.
BMW Group's Legal, IP and Compliance function has already built a reputation for innovation.
Legora will support the department's strategy to further enhance efficiency, strengthen knowledge management, and enable lawyers to maintain focus on strategic legal advice and risk management.
This announcement comes one week after we opened our Munich office. Over 13,000 lawyers in Germany now work in Legora, up from around 3,000 at the start of this year.
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