Porsche Is Cutting a Bunch of Jobs

Porsche to cut 1,900 jobs in Germany as weak EV demand bites
Porsche is set to cut 1,900 jobs by 2029 as it grapples with stagnant demand for its electric models.
Porsche Aims to Cut Around 1,900 Jobs by 2029, Reports DPA
BERLIN (Reuters) - German carmaker Porsche AG wants to cut around 1,900 positions by 2029, the DPA news agency reported on Thursday. The main plant in Stuttgart-Zuffenhausen and the site in Weissach will be affected, added the agency, citing the company.
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.
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.
Layoffs News: Sports carmaker Porsche to cut 1,900 jobs. Here's why
Porsche stated that the cuts will be made in the coming years in Germany, at the luxury brand's Stuttgart headquarters and the firm's nearby research centre.
Porsche is cutting nearly 2,000 jobs in Germany as its EV struggles worsen
Porsche plans to cut 1,900 jobs in Germany by 2029 as it struggles with slumping EV sales. The luxury sports car maker has already warned of lower profits this year. With plans to reduce its workforce,
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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