Porsche plans to cut up to 25% of its workforce in Germany
The Porsche production committee has informed employees about an upcoming reduction of the workforce by up to 25%. This represents the largest layoff in the company’s history, affecting every fourth employee in Germany.
Source Daily Sabah
As a result, around 5,500 workers may lose their jobs. The drastic measure is driven by a sharp decline in sales, which has even led Porsche SE to consider returning to tank production.
These developments highlight serious challenges facing the company and could significantly impact the regional labor market in the near future.
