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The Economic Times

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Porsche could face another 4,000 job cuts, Handelsblatt reports

Volkswagen's restructuring plan includes over four thousand job cuts at Porsche. This move addresses a significant overhead shortfall within the sports car brand. These proposed layoffs are in addition to previously agreed upon reductions. Porsche's CEO faces pressure to implement a comeback strategy. The company recently lowered its full-year profit margin target significantly.

19 Sep 2026 5:35 pm