BMW wants AI to do its managers' jobs, plans 20% layoffs
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This story is aggregated from The Times of India (timesofindia.indiatimes.com). Full reporting rights and copyright belong to the primary publisher.
BMW will use AI to cut its divisions and management roles by 20% by mid-2027, with similar cuts at lower levels. The carmaker announced the plan at its capital markets day, alongside a margin target of 3% to 5% by 2028. CEO Milan Nedeljkovic said the restructuring will help BMW f...
BMW will use AI to cut its divisions and management roles by 20% by mid-2027, with similar cuts at lower levels. The carmaker announced the plan at its capital markets day, alongside a margin target of 3% to 5% by 2028. CEO Milan Nedeljkovic said the restructuring will help BMW face fierce competition, as up to 8,000 white-collar jobs in Germany are affected.
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https://timesofindia.indiatimes.com/technology/tech-news/bmw-wants-ai-to-do-its-managers-jobs-plans-20-layoffs-in-divisions-and-leadership-roles-ceo-says-were-improving-our-/articleshow/134632583.cms
