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German BMW Decided to Lay off 6,000 People

Source:Iris Liang Time:2020-6-19 16:51:08

According to German media reports on the 19th local time, although the German automaker BMW started to resume production in mid-March, due to insufficient market demand, even though the group has adjusted 34,000 employees to a short-term work system, it is still difficult to deal with new coronary pneumonia The impact of the epidemic. Therefore, after several weeks of negotiation, BMW's management decided to cut 6,000 full-time positions, and massively cancel temporary workers and short-term contracts. Although BMW did not specify that the R&D and production departments plan to reduce the number of temporary workers within a year, there is news that it will reach a maximum of 10,000 people. It is reported that this is the first time that German BMW has implemented a layoff plan since the 2008 financial crisis. BMW also said that due to the impact of the shutdown and production, the company will be in a loss in the first half of 2020, and sales are expected to fall from 2.5 million to about 2 million.

In addition, the latest data shows that Germany's automobile production fell by 44% from January to May 2020. It is expected that the annual decline will reach 27%, and the total number of layoffs in the automobile-related industry due to the epidemic may reach 100,000.

Many enterprises are struggling to support the impact of the epidemic this year. Sailing against the water. SEKO Machinery believes that after this severe test, the companies that can survive will be the best in the industry. I believe that our auto exhaust pipe stainless steel industrial welding pipe making machine will continue to provide quality services to the majority of manufacturers.

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Iris Liang
SEKO Machinery & Technology Co., Ltd
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