Bmw lays off over 8000 workers - The Unofficial BMW M5 Messageboard (m5board.com)

aznronin · 27th February 2008, 23:40

i just read that BMW is laying off over 8000 workers so that they can increase their profitability. i hope this dosent translate into cheaper parts etc. so they can make more money. i feel sorry for all those families that depended on their BMW jobs to support them

Carbon Black · 27th February 2008, 23:47

not cheaper parts but will be squeezing suppliers for better margins. I heard they will be trying to squeeze 2-3%. might not seem alot but multiply that by a couple of billion.

aznronin · 27th February 2008, 23:49

http://money.aol.com/news/articles/_...27120109990001

M-att · 28th February 2008, 00:25

As long as they don't follow the slippery path that Mercedes-Benz went down - Higher Profits being inversely proportional to build quality!

bodaddy · 28th February 2008, 04:17

Yeah, I've been really disappointed with MBs as of late. Quality has definitely dropped over the years.

unfoundhorsepower · 28th February 2008, 06:07

ya, it's prolly because of all the repairs they have to do on the M5's, under warranty.....

Barry Lausch · 28th February 2008, 14:13

A great deal of the pressure is caused by the falling dollar vs. the euro. I had expected US prices to rise significantly over the last two years and they have not. Somethings gotta give between top and bottom lines if you don't change revenue to maintain profitability. Alas, BMW is becoming General Motors...........I would pay more for BMW to remain what it is.