Frankfurt (Germany), 6 July (LaPresse) – Porsche is reportedly preparing a new staff reduction plan that could result in the loss of up to 4,000 further jobs. This is reported by the business daily Handelsblatt, which states that the measures would mainly affect managerial and administrative roles. According to the newspaper, the Weissach development centre will also be affected by the reorganisation, with around 30 per cent of its operations being reviewed as part of the efficiency plan. A Porsche spokesperson did not confirm the number of jobs at risk, merely noting that the company is drawing up a comprehensive strategic plan to streamline its structure and strengthen its competitiveness. The plan is expected to be presented by the end of July. The carmaker, led by CEO Michael Leiters, had already announced in March a further reduction in staff numbers, on top of a previous restructuring programme. Around 1,900 jobs are set to be cut in the Stuttgart area by 2029 through agreed redundancies, whilst the contracts of around 2,000 fixed-term employees have already expired.
Motoring: media reports suggest Porsche is considering cutting a further 4,000 jobs
Frankfurt (Germany), 6 July (LaPresse) – Porsche is reportedly preparing a new staff reduction plan that could result in the loss of up to 4,000 further jobs. This is reported by the business daily Handelsblatt, which states that the measures would mainly affect managerial and administrative roles. According to the newspaper, the Weissach development centre will also be affected by the reorganisation, with around 30 per cent of its operations being reviewed as part of the efficiency plan. A Porsche spokesperson did not confirm the number of jobs at risk, merely noting that the company is drawing up a comprehensive strategic plan to streamline its structure and strengthen its competitiveness. The plan is expected to be presented by the end of July. The carmaker, led by CEO Michael Leiters, had already announced in March a further reduction in staff numbers, on top of a previous restructuring programme. Around 1,900 jobs are set to be cut in the Stuttgart area by 2029 through agreed redundancies, whilst the contracts of around 2,000 fixed-term employees have already expired.
