Porsche’s Bad Calls Were Theirs, The 6,000 Extra Job Cuts Are Everyone Else’s
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New boss Michael Leiters has been tasked with turning around the brand.
Porsche posted a 93 percent decline in operating profit last year.
Tariffs and an over-commitment to EVs have hurt the company.
Volkswagen isn’t the only one trimming headcount in Europe’s largest automaking group. A new report says Porsche is preparing its own round of job cuts, with the supervisory board having signed off on a wider restructuring package to go along with them.
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Porsche posted a 93 percent decline in operating profit last year.
Tariffs and an over-commitment to EVs have hurt the company.
Volkswagen isn’t the only one trimming headcount in Europe’s largest automaking group. A new report says Porsche is preparing its own round of job cuts, with the supervisory board having signed off on a wider restructuring package to go along with them.
var adpu
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