BMW slowing down production and cutting employees

Posted on Tuesday, 20 January 2009 , 15:01:51 byEmil

Filed under bmwslowdowncutemployeeproductionreduceu.s.BMW

BMW slowing down production and cutting employees

BMW – the German carmaker affirms that it does not plan on cutting any factory full-time employees, but it will reduce the hours of working - 26,000 German workers. The carmaker said also that it will be cutting back the temporary workers number that it employs on its assembly plants an factories in Germany plus abroad.

The company affirms it held discussions between the white collar management and the employees representatives to agree over the slowdowns in production and the cuts on working-hour.

BMW saw in America massive sales decline last month - 40.2 % - and it closed the year having 15.2 % sales down overall.