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NewsForce
@Newsforce
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Joined December 2021
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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.
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