Porsche Is Cutting a Bunch of Jobs

Porsche Is Cutting Almost 2,000 Jobs in Germany, Declining EV Demand Is To Blame
Porsche currently sells the Taycan and Macan EVs, but sales are declining. The automaker will have to fire almost 2,000 employees
Porsche to cut almost 2,000 jobs in Germany as EV demand declines
The carmaker blamed the job losses on lacklustre demand for electric vehicles and “challenging geopolitical and economic conditions”. View on euronews
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 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 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.
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