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Porsche could face another 4,000 job cuts
Volkswagen's sweeping turnaround plan foresees more than 4,000 further job cuts at Porsche, following a profit warning linked to problems at the sports car subsidiary. The logo of Porsche Files documenting a recent agreement by Volkswagen's supervisory board to usher in the German auto group's largest restructuring yet propose a reduction of "about 4,100 employees" at the brand, addressing an overhead shortfall of some EUR700 million (US$803.8 million), according to German bu
Sep 231 min read
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