Porsche Is Cutting a Bunch of Jobs

Porsche plans to cut additional 1,900 jobs by 2029
Carmaker Porsche AG plans to cut an additional 1,900 jobs across the entire company over the next four years after a programme that has already started was determined to be insufficient, a company spokesperson told Reuters on Thursday.
Porsche to Cut 1,900 Jobs in Germany After EV Demand Slumps
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.”
Porsche Is Cutting a Bunch of Jobs Over Weak EV Demand
The automaker is planning to cut 1,900 jobs over the next few years at various locations throughout Germany, according to Reuters. Citing a company spokesperson, the report states Porsche's previous reduction plan simply wasn't sufficient enough.
Layoffs News: Sports carmaker Porsche to cut 1,900 jobs. Here's why
Porsche stated that the cuts will be made in the coming years in Germany, at the luxury brand's Stuttgart headquarters and the firm's nearby research centre.
German sports carmaker Porsche to cut 1,900 jobs
Sports car manufacturer Porsche said Thursday it will axe 1,900 jobs after sales slumped in China and amid a tricky shift to electric vehicles, the latest blow for Germany's stalling auto sector. Hit by high manufacturing costs at home,
Porsche to cut 1,900 jobs due to weak electric vehicle demand
Porsche AG has announced plans to reduce its workforce by 1,900 employees by the end of the decade. The decision comes in response to a weak demand for electric vehicles and challenging geopolitical and economic conditions.
Porsche to cut 1,900 jobs at two German plants by 2029, company says
German luxury carmaker Porsche is planning to cut some 1,900 jobs at two plants in the Stuttgart region by 2029, the company said on Thursday. The plants affected are the Porsche core plant Stuttgart-Zuffenhausen and a plant in Weissach,
US will be 'flooded with jobs' as foreign nations avoid tariffs, Trump says
President Donald Trump said the U.S. will be "flooded with jobs" as he imposes tariffs that will encourage industries to move ...
Highest-Paying Associate Degree Jobs Of 2025, Some With 6 Figures
Since 2023, jobs for associate degree holders have mushroomed, and a new report reveals the 10 highest-paying associate ...
Singapore budget to tackle living costs and jobs as election looms
Singapore's government is expected to focus on cost of living issues, housing and employment in next week's budget, as it ...
Ford CEO says factory jobs "at risk" if Trump repeals EV credits
With nearly 13,000 jobs and billions of dollars on the line, Ford’s CEO warned that cuts to EV incentives could have ...
High-Paying, In-Demand Jobs For 2025 Revealed In New Study
A new report identifies 15 high-paying, in-demand jobs for 2025—offering job stability, opportunities, salaries above the U.S ...
Trump rants about federal workers having second jobs as Tulsi Gabbard sworn in
Trump rants about federal workers having second jobs as Tulsi Gabbard sworn inSource: Reuters NBC show 'America's Got Talent' ...
US jobs report: Employers add 143,000 jobs in January as unemployment rate sits at 4%
Employers added 143,000 jobs in January amid LA wildfires, cold weather and uncertainty over President Trump's trade and ...
Alabama learns what happens when senators don’t do their jobs
Alabama could lose millions from Trump’s cuts at the National Institutes for Health, but Sen. Katie Britt wants you to know ...
Wise to close Tampa office, cutting more than 300 jobs
Kristo Käärmann is the co-founder of TransferWise, later known as Wise. It's an app that allows you to transfer money to a ...