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Porsche CEO assures staff no further job cuts planned, according to memo

Summary by Reuters
Porsche CEO Michael Leiters told staff ​there were no plans ‌to cut an additional 4,000 jobs at the ​Volkswagen sports car ​subsidiary, according to an internal ⁠memo seen by ​Reuters on Monday.

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Porsche has denied reports that it will cut jobs in addition to the already agreed 5,000-person workforce reduction, Handelsblatt reported. We will be covering similar topics at our Portfolio Investment Day conference on October 21. One of the biggest investment events of the year is coming up, where professional experts will tell you what to invest in now. Register here.

·Budapest, Hungary
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Right

On the weekend, it has been reported that the German automaker Porsche plans to cancel 4000 more jobs, which would mean that a total of about 9000 people would lose their jobs. Chief Executive Officer Michael Leiters has now denied the "Handelsblatt" report.

·Vienna, Austria
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Center

The car manufacturer Porsche has denied a media report on the dismantling of additional thousands of jobs.

·Germany
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Lean Right

In a paper of the VW Supervisory Board there are simulation games for further job losses. Porsche CEO Leiters now internally rejects the recommendations from Wolfsburg.

·Düsseldorf, Germany
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ReutersReuters
+7 Reposted by 7 other sources
Center

Porsche CEO assures staff no further job cuts planned, according to memo

Porsche CEO Michael Leiters told staff ​there were no plans ‌to cut an additional 4,000 jobs at the ​Volkswagen sports car ​subsidiary, according to an internal ⁠memo seen by ​Reuters on Monday.

·London, United Kingdom
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dunya.com broke the news on Monday, September 21, 2026.
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