# BMW warns on profits as it counts cost of plan for 8,000 job cuts

BMW has warned that profits will be affected as it assesses the costs of cutting 8,000 jobs. The German automaker’s profit warning and planned job cuts signal mounting pressure on the automotive sector. The move matters because it could affect workers, investors, and wider confidence in the industry.

**Importance:** 4/5

## Sources

### World
- [The Guardian World](https://www.theguardian.com/business/2026/nov/04/bmw-warns-on-profits-counts-cost-plan-for-8000-job-cuts) — Wed, 04 Nov 2026 11:58:19 GMT