Carmaker Porsche is reportedly planning to layoff an additional 1,900 people in Germany by 2029, following a review of an ongoing programme deemed insufficient. The German carmaker, which is ...

A job security agreement will still be in effect for employees in Germany until 2030. Porsche is, though, aware that it cannot enforce compulsory redundancies. Porsche, like many other carmakers ...

Volkswagen, Porsche’s parent company, last year announced it would lay off thousands of workers, shut three factories in Germany, and reduce pay for remaining staff. The firm finds itself in ...

The Stuttgart-based automaker is looking to cut costs and stem the decline in profitability. Porsche is going through a difficult period. The Stuttgart-based brand has announced the elimination of ...

The red, white and two-shades-of-blue could be found on almost every racing Porsche of the 70s, including the 908, 917, 935, 936 and 911 RS and RSR models. Hopefully Porsche brings the 918, in ...

Luxury car maker Porsche has announced plans to cut almost 2,000 jobs over the next five years. German sportscar manufacturer Porsche on Thursday said it was planning to cut some 1,900 jobs at two ...

Porsche’s innovation spans from the humble 356 to the advanced 918 Spyder. It might be impossible ... for being the fastest street-legal car in Germany at the time. It gave birth to the RS ...

Porsche, which manufactures all its cars in Germany, blamed the decision to cut jobs on “the delayed ramp-up of electromobility [and] the challenging geopolitical and economic conditions”.

The luxury carmaker Porsche will cut 1,900 posts by the end of the decade as its profit margins are hit by rocky market conditions. The cuts will see a reduction in overall staffing numbers by 15% by ...

Porsche is following Volkswagen’s lead in trying to whittle down its production costs in Germany, where labor and energy are expensive. Volkswagen clinched its own deal with labor leaders late ...