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Porsche, the German sports car manufacturer, is reportedly considering cutting up to 4,000 additional jobs. These potential cuts would be in addition to previously announced reductions.
According to a report in the German financial newspaper Handelsblatt, these new job losses would primarily affect the company's administrative and management departments. The report also suggests that up to 30% of employees in the development department in Weissach, northwest of Stuttgart, could be impacted.
The potential job cuts are being considered as a measure for cost savings.
6 July
Reports indicate Porsche is considering cutting up to 4,000 more jobs in Germany.
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