Latest
0:32
World & DiasporaVideo

BMW to Accelerate Job Cuts Following Profit Drop in China

The German car maker will speed up planned lay-offs after third-quarter profits fell in the Chinese market.

Read the full story

Transcript · Captions
  1. 0:01BMW will speed up planned job
  2. 0:04cuts following a drop in
  3. 0:05third-quarter profits
  4. 0:08Chief Executive Milan Nedeljkovic cited reduced
  5. 0:11demand and high competition in China
  6. 0:14China remains the world's largest market
  7. 0:16for vehicles despite the recent slowdown
  8. 0:20The company adjusted its restructuring timeline
  9. 0:23in response to regional economic conditions
  10. 0:27For the full story visit wenepal.com
Watch all