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The latest cost-cutting news, distilled by AI into sharp ~100-word summaries. ByteBrief tracks cost-cutting across dozens of tech sources and brings you only what matters, updated hourly. Tap any story for the full brief, or open the original source.

BMW's new CEO outlined a cost-cutting programme using job cuts, direct selling, cheaper parts, and fewer model variants. Profit margins dipped to 3.6% in the first half due to collapsing China sales, intensifying pressure at the premium brand.
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