The logo of German car manufacturer BMW is seen at the company headquarters in Munich, Germany, May 14, 2020. REUTERS/Andreas Gebert
MUNICH (Reuters) – BMW (BMWG.DE) 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 works council a package of “personnel measures for a sustainable future”.
Reporting by Joern Poltz; writing by Thomas Seythal; editing by Sabine Wollrab and Michelle Martin
Our Standards:The Thomson Reuters Trust Principles.
Go to Source