BMW to drop 6,000 jobs through turnover, early retirement

BMW to drop 6,000 jobs through turnover, early retirement

FRANKFURT, Germany — Automaker BMW says it will drop 6,000 jobs through early retirements and turnover, as the auto industry adjusts to a sharp drop in demand due to the coronavirus outbreak. The Munich-based maker of the X5 SUV and 3-Series sedan said Friday that it had agreed on the measures with employee representatives. Ways […]
BPI, BDO decry fabricated docs on Wirecard claims

BPI, BDO decry fabricated docs on Wirecard claims

BPI prexy Cezar Consing A few days ago, auditing firm Ernst & Young (EY) called on Bank of the Philippine Islands to investigate documents claiming that German fintech Wirecard had over 800 million euros worth of funds in the local bank. EY, Wirecard’s auditor,...