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BMW Intends to Slash 20% of Management Roles, Leveraging AI for Cost Efficiency
9 hour ago /
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Author：小编
As part of a mutually agreed buyout scheme aimed at reducing costs and boosting efficiency, BMW has announced its intention to eliminate one-fifth of its management positions by leveraging AI technology by mid-next year. This strategic move entails trimming roughly 8,000 jobs, which constitutes 5% of its global workforce. By harnessing AI effectively, BMW aspires to enhance its operational agility, with the goal of restoring its automotive business profit margin to the long-term benchmark of 8% to 10% by the dawn of the next decade. Additionally, the company has set a transitional target of achieving a return of 3% to 5% by 2028.
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