Salary cuts now also affect BMW employees:
It is not only Volkswagen that is making significant savings. At BMW, there is no longer any anniversary bonus and ...
merkur.de/wirtschaft/gehaltskuerzungen-treffen-nun-auch-bmw-mitarbeiter-93382072.html
Photo: merkur.de · view article
Key FactsBMW Employees Face Salary Reductions
Oct 30, 2024 · Reading time: ~30 sec.
Summary created with AI assistance · Source: merkur.de
Summary created with AI assistance · Source: merkur.de
- BMW employees will forfeit anniversary bonuses, and profit sharing will be more closely tied to company profitability.
- Despite an anticipated drop in profits, mass layoffs are not expected, and employment guarantees remain intact.
- The cuts affect significant salary components, such as the anniversary bonus, which will be eliminated starting in 2027, while Christmas bonuses will be reduced over the next two years.
- Negotiations also included enhancements in participation processes and spatial flexibility, without the need for additional regulations.
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Salary cuts now also affect BMW employees: It is not only Volkswagen that is making significant savings. At BMW, there is no longer any anniversary bonus and ...
merkur.de/wirtschaft/gehaltskuerzungen-treffen-nun-auch-bmw-mitarbeiter-93382072.html
BMW employees will also have to do without money. Wage cuts also in sight for BMW employees
After the VW crash: employee salaries are also being cut at BMW: Volkswagen isn't the only company making big savings. At BMW, anniversary bonuses are being cut ...
merkur.de/wirtschaft/auch-bei-bmw-wird-bei-den-gehaeltern-der-mitarbeiter-gekuerzt-vw-beben-93382072.html
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Key FactsBMW reports 37 percent profit decline
Mar 14, 2025 · Reading time: ~45 sec.
Summary created with AI assistance · Source: focus.de
Summary created with AI assistance · Source: focus.de
- BMW’s 2024 profit fell 37 percent to €7.7 billion, while revenue declined 8.4 percent to €142 billion.
- According to the report, BMW was affected by weaker sales in China and problems with Continental-supplied brakes.
- Volkswagen reported a 31 percent profit decline to €12.4 billion, while Mercedes-Benz’s fell 28 percent to €10.4 billion.
- For 2025, BMW expects rising demand and pretax profit roughly at 2024 levels, but provides no net-profit forecast.
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