Restructuring BMW offers up to €650,000 in voluntary severance scheme German carmaker closes programme early after strong employee interest, as it seeks to cut around 8,000 jobs worldwide iStock.com/pwmotion Image John van der Luit-Drummond Editor-in-Chief Tuesday 20 October 2026 BMW has reportedly offered some employees high six-figure payouts as part of a voluntary severance programme that has now closed after attracting strong interest. Get AccessContinue reading International Employment LawyerAlready have access? Login now Email Enter your email address. Password Enter the password that accompanies your email address. Reset your passwordLog in Need access? Find out how to enjoy unlimited accessGet access You might also like... Remuneration Works council claims VW is freezing wages until 2030 Restructuring Mercedes revives voluntary redundancy programme amid productivity push Restructuring Volkswagen’s Osnabrück plans highlight workforce transition questions Restructuring Nissan to offer Japanese managers early retirement packages