Britain’s 2nd best-selling car brand ‘to axe 8,000 jobs’ in brutal cost-cutting drive

BRITAIN'S second-best car brand has revealed plans to axe 8,000 jobs. BMW said today that it will cut several thousand jobs in Germany by the end of 2027 as part of a voluntary redundancy programme. The Munich-based group currently employs about 150,000 people worldwide. It comes as chief executive Milan Nedeljkovic to

The German carmaker has agreed a voluntary redundancy programme targeting administrative and development roles, while ruling out compulsory redundancies and cuts to production jobs, according to media reports.

Pharmaceuticals company is investing £400m in UK life sciences and moving scientists to new Cambridge R&D site Business live – latest updates The British drugmaker GSK is to announce sweeping job cuts as part of a £1.9bn cost-cutting programme to pay for a £400m investment in UK life sciences over the next three year

UK drugmaker hopes new Cambridge site will bolster pipelines of medicines

Shareholders approved a pay package worth £10 million for boss Margherita Della Valle.

Shareholders approved a pay package worth £10 million for boss Margherita Della Valle.