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

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 ...

Porsche is following Volkswagen’s lead in trying to whittle down its production costs in Germany, where labor and energy are ...

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

Germany reeling after car ramming 'attack' in Munich, politicians call for action after the incident, Porsche announces ...

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

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 ...

Carmaker Porsche AG plans to cut an additional 1,900 jobs across the entire company over the next four years after a ...

The staff reduction comes on top of other rounds of layoffs that affect 2,000 people.

Porsche plans to cut around 1,900 jobs by 2029 at its main plant in Stuttgart-Zuffenhausen and its site in Weissach to cut costs, Member of the Executive Board for Human Resources Andreas Haffner 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 ...