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

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

Plus, president Donald Trump wants to impose even more tariffs on goods imported into America and Vinfast almost tripled its EV sales ...

Luxury carmaker Porsche has announced plans to cut 1,900 jobs by 2029, as the company grapples with challenges in its ...

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

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

Porsche is cutting its workforce amid a "delayed ramp-up of electromobility." 1,900 German workers are affected. The layoffs ...

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

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

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 ...

Porsche AG will trim its workforce by 1,900 employees by the end of the decade in response to weak electric vehicle demand and “challenging geopolitical and economic conditions.” ...