Porsche AG to cut over 500 jobs as it sharpens focus on core business
40 Articles
40 Articles
The German car manufacturer closes three of its subsidiaries. Two of them were based on the transition to electric power, which arrives less quickly than expected by Porsche. They have "no longer prospects considered sufficiently viable" by the manufacturer.
Hard cut at Porsche: The sports car manufacturer closes three subsidiaries. More than 500 employees are affected.
New brooms are going well? Faced with the crisis in the house, the new Porsche boss Michael Leiters clears up – and shuts down three subsidiaries. Hundreds of people could lose their jobs.
With the closure of three subsidiaries, Autobauer Porsche reacts to his crisis. Chief Executive Officer Michael Leiters speaks of "painful cuts".
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