Porsche To Cut Over A Third Of German Jobs As Auto Crisis Deepens

Porsche To Cut Over A Third Of German Jobs As Auto Crisis Deepens Via Remix News, Porsche is preparing to cut more than one in three jobs in Germany under a cost-cutting measure intended to protect its remaining workforce and existing production sites until 2035. The Stuttgart-based sports car manufacturer will eliminate a further 5,000 positions at its main Zuffenhausen plant and Weissach development center. Combined with reductions already announced, around 8,900 employees are expected to leave the company. The cuts are due to be carried out without compulsory redundancies, primarily through natural...