Porsche will eliminate another five thousand jobs by the year 2035. This decision follows previous job cuts and is part of restructuring measures. The German carmaker is investing two point one billion euros into its factories. These investments will support its Zuffenhausen and Weissach production sites.

Porsche agreed to cut 5,000 more jobs by 2035, on top of 4,400 already announced. The VW subsidiary went from profit driver to crisis case. €2.1B in factory investment secured.

Der Sportwagenbauer Porsche baut in der Region Stuttgart weitere 5.000 Stellen ab. Die Beschäftigungssicherung wird im Gegenzug bis Ende 2035 verlängert, wie Unternehmen und…