The carmaker aims to reduce positions by 15% at its main sites in Stuttgart-Zuffenhausen and Weissach in Germany.

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

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

The carmaker blamed the job losses on lacklustre demand for electric vehicles and “challenging geopolitical and economic ...

German sportscar manufacturer Porsche on Thursday said it was planning to cut some 1,900 jobs at two plants in Germany by 2029. The Stuttgart-based company is making the cuts on top of existing job ...

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

Porsche is going through a difficult period. The Stuttgart-based brand has announced the elimination of 1,900 jobs in Germany ...

Luxury car maker Porsche has announced plans to cut almost 2,000 jobs over the next five years. German sportscar manufacturer Porsche on Thursday said it was planning to cut some 1,900 jobs at two ...

Porsche currently sells the Taycan and Macan EVs, but sales are declining. The automaker will have to fire almost 2,000 ...

By Alimat Aliyeva German luxury car manufacturer Porsche has announced plans to cut 1,900 jobs by the end of the decade ...

Home to several top employers, the German city of Stuttgart exerts a strong pull on foreigners. But what can people expect if ...

The luxury carmaker Porsche will cut 1,900 posts by the ... numbers by 15% by 2029 at its main sites in southwestern Germany, Stuttgart-Zuffenhausen and Weissach. This process began back in ...