BMW is set to cut 8,000 jobs globally as it restructures to counter slowing demand and intensifying competition from Chinese EV makers. The automaker's shares a...

BMW is set to cut 8,000 jobs globally as it restructures to counter slowing demand and intensifying competition from Chinese EV makers. The automaker's shares are down 36% this year, with analysts calling its recent outlook downgrade a wake-up call. #BMW #EV #Automotive #China