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BMW to lay off 10,000 contract workers: source - Metro US

BMW to lay off 10,000 contract workers: source

The logo of German car manufacturer BMW is seen at the company headquarters in Munich

MUNICH (Reuters) – BMW <BMWG.DE> will not extend the contracts of 10,000 contract workers, a company source told Reuters on Friday, as the German luxury carmaker seeks to reduce its capacity due to the coronavirus crisis.

The Munich-based company said earlier on Friday it had reached an agreement with the works council a package of “personnel measures for a sustainable future”.

(Reporting by Joern Poltz; writing by Thomas Seythal; editing by Sabine Wollrab and Michelle Martin)

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