Porsche to Cut 1,900 Jobs in Germany

Porsche to cut 1,900 jobs at German sites after EV demand slumps
Porsche AG will trim its workforce by 1,900 employees by the end of the decade in response to weak electric vehicle demand and “challenging geopolitical and economic conditions.”
Porsche plans to cut additional 1,900 jobs by 2029
Carmaker Porsche AG plans to cut an additional 1,900 jobs across the entire company over the next four years after a programme that has already started was determined to be insufficient, a company spokesperson told Reuters on Thursday.
Porsche to cut 1,900 jobs at two German plants by 2029, company says
German luxury carmaker Porsche is planning to cut some 1,900 jobs at two plants in the Stuttgart region by 2029, the company said on Thursday. The plants affected are the Porsche core plant Stuttgart-Zuffenhausen and a plant in Weissach,
Porsche is cutting nearly 2,000 jobs in Germany as its EV struggles worsen
It looks like the situation could be even worse than expected. Porsche said it would cut 1,900 jobs at two German plants by 2029 (via Bloomberg ), blaming “challenging geopolitical and economic conditions.” The sites include Porsche’s Zuffenhausen and Weissach plants, where it aims to reduce around 15% of the workforce.
Porsche Is Cutting a Bunch of Jobs Over Weak EV Demand
The automaker is planning to cut 1,900 jobs over the next few years at various locations throughout Germany, according to Reuters. Citing a company spokesperson, the report states Porsche's previous reduction plan simply wasn't sufficient enough.
German sports carmaker Porsche to cut 1,900 jobs
Sports car manufacturer Porsche said Thursday it will axe 1,900 jobs after sales slumped in China and amid a tricky shift to electric vehicles, the latest blow for Germany's stalling auto sector. Hit by high manufacturing costs at home,
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