Porsche Plans More Cost Cuts To Counter Tariffs, China Slump

Welt

Lean Right

Factuality

Ownership

At Porsche, there is an intensification of the savings program. WORLD documents the letter in which CEO Oliver Blume prepares the employees for clear cuts in the text. In it, three reasons for the misery become clear.

junge Welt

Left

Factuality

Ownership

Oliver Blume, CEO of the German car company, announces austerity measures. They rely on "common solutions" in the face of Chinese competition. Job cuts are expected.

Frankfurter Allgemeine

Lean Right

Factuality

Ownership

Porsche CEO Oliver Blume writes a letter of fire to his employees in order to prepare them for new austerity measures. The reason is a "crisis of the framework conditions".

kreiszeitung.de

Center

Factuality

Ownership

Porsche faces significant challenges and is preparing another structural package to ensure the company's competitiveness in the long term.

wz.de

aachener-zeitung.de

View article

onetz.de

View article

op-online.de

View article

mannheim24.de

View article

Handelszeitung

View article

RN

View article

+6 Reposted by 6 other sources

Center

Factuality

Ownership

Sales minus in China, tariffs in the USA, stagnant e-offensive: Porsche has problems - and must continue to reduce costs. CEO Oliver Blume is now addressing the workforce with a letter.