BMW will not cut a single employee in the transition from combustion engines to electric models, its chief executive has pledged, even as economists predict tens of thousands of job losses across the industry.
“We will not have job losses due to the transformation,” Oliver Zipse said. “At the end of the day, possibly already in this decade at our Munich plant, there will be fully electric production without anyone losing their job.”
His comments come as the European auto sector, as well as leading economists, warn that plans to ban petrol and diesel cars will lead to mass unemployment.
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