BMW to cut over 5,000 jobs to cope with Coronavirus aftermath

Even though BMW launched a number of new models last week, the German company is also feeling a hit from the current Coronavirus crisis. According … The article BMW to cut over 5,000 jobs to cope with Coronavirus aftermath appeared first on BMW BLOG

BMW to cut over 5,000 jobs to cope with Coronavirus aftermath

Even though BMW launched a number of new models last week, the German company is also feeling a hit from the current Coronavirus crisis. According to a new report from Automotive News Europe, the Munich high wigs decided to cut some jobs, in order to reduce costs.

BMW is apparently dropping 5,000 jobs and it looks like it won’t be an easy task as various union deals might get in the way.

Allegedly, the news broke out when an internal company message from BMW CFO Nicolas Peter was leaked to the press. While initially, some people thought this was just another fake report, BMW confirmed its authenticity later on.

Measures have been put in place to reduce working hours and placing workers on unpaid leaves, to try and keep everyone on board but, according to the CFO, it won’t be enough.

Therefore, the company will offer early retirement packages for those who are willing to take them, according to the aforementioned report. In normal conditions, this wouldn’t be an issue, as BMW will typically see over 5,000 people leave the company of natural comings and goings.

Yet, the current economic downturn has made people a lot less willing to drop their current job and venture into the unknown. Therefore, some more benefits might be needed to keep the organization slim.

This is another hit BMW is taking, like many other car makers, during these days. The company saw its sales diminish to record lows due to the lockdown, with dealers closing their gates in major markets throughout the month of April. The weak demand that is expected to follow for on the short and medium term might make recovery a long and arduous process.

BMW already announced that the profit outlook for this year has dramatically changed and that second-quarter sales are expected to be looking bleak.

The article BMW to cut over 5,000 jobs to cope with Coronavirus aftermath appeared first on BMW BLOG

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Rolls-Royce looks back to founder’s record breaking flight in 1910

110 years ago, when the world had a totally different layout than today, some people didn’t just want to drive, but rather they wanted to … The article Rolls-Royce looks back to founder’s record breaking flight in 1910 appeared first on BMW BLOG

Rolls-Royce looks back to founder’s record breaking flight in 1910

110 years ago, when the world had a totally different layout than today, some people didn’t just want to drive, but rather they wanted to fly. One of the pioneers in this field was none other than Rolls-Royce founder, Charles Stewart Rolls.

He was actually the first one to do a non-stop double crossing of the English Channel by aeroplane, as far back as 1910. By doing so, he started a long history that is honored today as well, with Rolls-Royce being one of the best engine makers in the aeronautical field.

It wasn’t in any way easy though. Initially, he was supposed to depart on May 26 but had to wait for another week, until June 2 to take off as various issues kept Rolls from setting off, issues including a variety of topics, from the weather to mechanical problems.

At 6:30 on June 2 he finally took off from the Swingate aerodrome with his parents, sister and brother in law watching.

According to a report in the Daily Telegraph, Rolls reached an altitude of 900 feet and a speed of “quite forty miles an hour” as he approached the coast of France. By 7.15 pm, he was flying over the small French town of Sangatte, where the present-day Channel Tunnel emerges.

Leaning out of his aeroplane, he threw overboard three weighted envelopes, each containing the message: ‘Greetings to the Auto Club of France…Dropped from a Wright aeroplane crossing from England to France. C. S. Rolls, June 1910. P.S. Vive l’Entente’

Rolls-Royce Gives us the Buzz for World Bee Day

He then turned around and was back in England, landing on the same aerodrome some 95 minutes later, entering posterity. Rolls had become the first Englishman to fly an aeroplane across the English Channel, and the first aviator ever to fly non-stop from England to France and back again.

His feat attracted a lot of attention from the media and even royalty. King George V sent him a personal telegram, congratulating him for his courage.

Fascinated by engines and flying since he was born, Rolls had great credentials to his name. He had over 170 flights to his name when he tragically died just a month after his record run, on July 12 1910, doing what he loved: flying. During a competition at Bournemouth, a tail-piece broke off and his aircraft plunged to the ground from a height of 100 feet, crashing close to the crowded grandstand in a tangle of spars and canvas.

He was only the twelfth person in history to be killed in a flying accident, and the first Briton to lose his life in a powered aircraft. He was just a few weeks short of his 33rd birthday.

The article Rolls-Royce looks back to founder’s record breaking flight in 1910 appeared first on BMW BLOG

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