BMW would not need to make more job cuts even if a second wave of the global financial crisis hits, its personnel chief has said.
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“We are guiding (employment) via working hours accounts, holidays, natural fluctuations and transfers,” Harald Krueger told Reuters.at the Frankfurt show, adding there was also a limited number of voluntary redundancies.
BMW cut 10,000 jobs as part of a strategic revamp in 2007 and now employs around 98,000, of which nearly 73,000 work in Germany. Those cuts will save the automaker EUR500m (US$734.2m) this year, according to the report.
Around 26,000 staff were put on short time earlier this year amid a sharp downturn in car sales and about 1,000 remain on reduced hours at the motorcycle plant in Berlin and a parts plant in Landshut.
The Dingolfing plant that makes 5-, 6- and 7-series cars suspended short time working for September and October to make the new five-door, 5-series GT model and Krueger told Reuters it was not yet decided if short hours would return there in November and December.
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