Porsche is set to cut 1,900 jobs by 2029 as it grapples with stagnant demand for its electric models.

Luxury car maker Porsche has announced plans to cut almost 2,000 jobs over the next five years.

Sports car manufacturer Porsche said Thursday it will axe 1,900 jobs after sales slumped in China and amid a tricky shift to ...

Porsche stated that the cuts will be made in the coming years in Germany, at the luxury brand’s Stuttgart headquarters and ...

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 ...

Porsche AG will trim its workforce by 1,900 employees by the end of the decade in response to weak electric vehicle demand.

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.” ...