Porsche’s works council warns of further job cut threats
One in every four jobs at the carmaker’s sites around its Stuttgart headquarters could be at risk, unions say
One in every four jobs at the carmaker’s sites around its Stuttgart headquarters could be at risk, unions say

Holding company in control of Volkswagen and Porsche is diversifying away from auto sector

Decrease in take-up of early retirement and voluntary redundancy programmes since June

Luxury-car maker has been among the worst hit by market’s slow shift to EVs

German sports-car maker scales back EV ambitions under new boss Michael Leiters

Auto suppliers such as Bosch among those to have announced large lay-offs in 2025

German sports-car maker reports near €1bn operating loss in third quarter