Emanuel Boeminghaus stated that BMW plans to cut around 8,000 jobs by the end of 2027 and save one billion euros annually starting in 2028, according to company circles. Individual severance payments could exceed 650,000 euros. Due to high interest, the employee portal temporarily crashed. Boeminghaus cited a sales crisis as the reason: BMW deliveries in China fell by about 25 percent in the third quarter of 2026. The company had already issued a profit warning in June. The voluntary severance program provides for exit dates in March and October 2027. Boeminghaus interpreted the strong demand as a sign that many employees are willing to leave voluntarily despite the difficult situation in the German automotive industry. https://t.co/2O6jCz1zCQ #BMW #Stellenabbau #Automobilindustrie (translated)