TechCentralBMW restructuring plan bets on AI and new models
BMW plans to cut a fifth of divisions and management roles by mid-2027, with AI's help.
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News24 BusinessBMW wants AI to replace 20% of its managers
BMW is planning to deploy artificial intelligence to help eliminate a fifth of management roles by the middle of next year, part of an agreed buyout plan designed to slash costs and boost profitability.
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Prizes include a BMW 2025 4 Series and an all-expenses-paid UK Premier League trip
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There’s a lesson here for others in the same situation – always challenge the banks’ accounting.