BMW to lay off 10,000 contract workers: Source

By: Reuters
Updated on: 20 Jun 2020, 08:05 AM

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BMW had earlier said that it had reached an agreement with the workers council for a package of "personnel measures for a sustainable future".

A logo of BMW is seen outside a BMW car dealer, amid the coronavirus disease (COVID-19) outbreak in Brussels, Belgium May 28, 2020. REUTERS/Yves Herman/Files (REUTERS)

BMW 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 workers council for a package of "personnel measures for a sustainable future".

First Published Date: 19 Jun 2020, 18:12 PM IST

TAGS: BMW coronavirus layoffs