Workers adjust the chassis of an automobile on the assembly line in the BMW Group factory in Leipzig, Germany. (Krisztian Bocsi/Bloomberg)Key Takeaways: BMW reached a deal with worker representatives to offer buyouts in Germany as part of plans to cut about 8,000 jobs globally. BMW executives are expected to announce the program Wednesday, with departures beginning in October and continuing through 2027, people familiar said. BMW AG reached a deal with workers to offer buyouts across Germany in an effort to cut about 8,000 jobs globally as sales plunge in China. BMW employed 87,436 people in Germany at the end of last year, more than half of its total global headcount.