Porsche to cut jobs as EV slowdown forces renewed focus on combustion cars

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Porsche to cut jobs as EV slowdown forces renewed focus on combustion cars

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Major car brand forced to slash 1,900 jobs amid weak demand for electric vehicles

Luxury carmaker Porsche has announced plans to cut 1,900 jobs by 2029, as the company grapples with challenges in its electric vehicle rollout.The German manufacturer will reduce staff numbers at its main sites in southwestern Germany by 15 per cent over the next four years.The cuts come as part of a broader restructuring programme, with the company stating its existing job reduction measures have proven insufficient to meet current challenges.T…

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Porsche Will Cut 1,900 Jobs Amid Sluggish EV Growth

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

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Porsche to cut 1,900 jobs due to declining demand for electric cars - HotNews.ro

Porsche will cut 1,900 jobs in Germany amid falling demand for electric cars and after sales in the Chinese market fell by 28%. The cuts will target the Zuffenhausen plant…

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Porsche plans to remove 1900 jobs in Germany

The German manufacturer of luxury cars is not spared the difficulties of the automotive sector, between falling sales and difficult conversion to electricity.

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Almost 2000 jobs are deleted: The crisis is at Porsche...

The German sports car manufacturer is suffering from falling sales and profits. The company will cancel almost 2000 jobs. Porsche CEO Blume wants to invest again in Verbrander and is looking for a new leadership – and possibly a successor for himself.