Browsing Tag
Weissach
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Could Porsche job cuts exceed 13,000 as China slump forces deeper restructuring?
Porsche could face roughly 4,100 additional job cuts beyond reductions already agreed through 2035 as Volkswagen pushes for deeper savings following a major profit warning, weaker China demand and another reassessment of the sports-car maker’s long-term earnings potential.
Porsche’s 9,000-job reset exposes the brutal cost of its China and electric vehicle miscalculations
Porsche will eliminate another 5,000 positions by 2035 under a labour agreement that protects its core German factories but demands major workforce and compensation concessions.