Porche to slash 1,900 jobs amid weak demand, competition and a sluggish shift to EVs—the latest blow for Germany’s auto sector

Porsche had long been one of the most profitable subsidiaries within the Volkswagen empire—but its fortunes have faded.

Feb 14, 2025 - 11:34
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Porche to slash 1,900 jobs amid weak demand, competition and a sluggish shift to EVs—the latest blow for Germany’s auto sector
Porsche had long been one of the most profitable subsidiaries within the Volkswagen empire—but its fortunes have faded. Read More