European automakers including Mercedes-Benz, Volkswagen, Porsche, Audi, and BMW are cutting thousands of jobs, with the latest reductions focused on managers and administrative staff. Generous severance packages are easing departures, but recruiters say there are too few comparable positions available for experienced executives.

Volkswagen plans major cuts across production, administration, product development, and sales after finding that its administrative costs were 30% higher than those of competitors. Porsche is also eliminating departments, merging business units, reducing its management board, and cutting thousands of support roles.

BMW has expanded a voluntary departure program and aims to reduce its workforce by 8,000 by the end of 2027, mainly in non-production functions. Across the industry, companies are simplifying structures, reducing bureaucracy, and addressing long-standing overstaffing in management and office-based roles.

(pb.pl)


More News

lifestyle

LifeStyle
24 days ago

From initiative to exhibition: Faces of Decision Makers debuts at Fabryka Norblina and Varso Place

LifeStyle
26 days ago

Polish Pilates going for international expansion worth PLN 100 mln

LifeStyle
1 month ago

A Polish Brand Without Limits

Book of Lists

Book of Lists
5 years ago

The largest Polish companies under the Book of Lists microscope! Book of Lists 2020/2021 certificates have been awarded.