BMW ends 2026 severance program early: Thousands want to leave - Business - SZ.de - SZ.de
Article excerpt
After just three weeks, so many people want to leave the car manufacturer in exchange for money that BMW is ending its severance program. And not everyone who wants to leave is allowed to do so. By Christina Kunkel, Munich Was it the turbo bonus? Or were the offers simply too good to say no to? Anyone who wanted to leave BMW particularly quickly for money under the severance program could receive this extra bonus. It applies to departures by March 31, 2027. But now, after just three weeks, BMW is announcing: That's it, the severance program is being ended prematurely. Apparently, the car manufacturer itself had not expected the rush for the severance payments to be this high. When the severance offers were published internally at the beginning of October, the employees' interest in seeing their personal offer was so great that, according to corporate circles, the systems were temporarily overloaded. However, this only applied for a few hours. Anyone who was interested was able to register their interest, BMW emphasizes. This initial interest has now apparently led to thousands of BMW employees actually accepting the severance package and thus wanting to voluntarily leave the company. The offers were often clearly in the six-figure range, as is heard from corporate circles. The Munich car manufacturer states that the goal of the voluntary termination program has been reached...
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Extracted from this sentence
At the time, however, it was also said from corporate circles that around 8,000 jobs are to be cut worldwide, a good half of them in Germany.
