Porsche Announces Reduction of 9,000 Jobs by 2035 Amid Sales Decline
Porsche Announces Reduction of 9,000 Jobs by 2035 Amid Sales Decline
Porsche plans to eliminate approximately 9,000 positions by 2035 as part of a strategic response to declining sales and rising operational costs.
The company reported a 16% decrease in vehicle sales in the first half of the year, with a notable 33% drop in China and a 13% decline in North America. In Germany, deliveries fell by 6% to nearly 15,000 units. To mitigate personnel costs, Porsche has negotiated a ‘Future Package’ with labor representatives, which includes a commitment to invest €2.1 billion in its Zuffenhausen and Weissach facilities. Measures such as withholding wage increases and reducing holiday bonuses are also part of the strategy to enhance competitiveness while aiming to secure as many jobs as possible.
For journalistic integrity, this report was summarized from: deutschlandfunk.de
