BMW cutting U.S. jobs in a down market

BMW will make work force cuts in the U.S. to adjust for a business slowdown in the wake of the coronavirus pandemic.

A spokesman declined to disclose the number of jobs being axed but noted the cuts do not affect the automaker’s large assembly plant in Spartanburg, S.C.

“The effects of COVID-19 are far-reaching,” BMW of North America CEO Bernhard Kuhnt said in a letter to dealers that was obtained by Automotive News. “Given the reduced size of the business, we now need to … re-scale our business across the company accordingly.”

BMW sales in the first half of the year tumbled 28 percent, with second-quarter sales down nearly 40 percent from a year earlier, as many dealerships were forced into a COVID-19 lockdown in the spring.

In addition to work force cuts, Kuhnt said BMW will take “additional steps to adapt to the current situation.”

“This is

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