Porsche to cut more than one in three German jobs as auto crisis deepens

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 … Continue reading Porsche to cut more than one in three German jobs as auto crisis deepens