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Porsche to cut 1,900 jobs in Germany

Porsche Will Cut 1,900 Jobs Amid Sluggish EV Growth

Porsche is cutting its workforce amid a "delayed ramp-up of electromobility." 1,900 German workers are affected. The layoffs affect Porsche's Zuffenhausen and Weissach sites; the Taycan EV is made in Zuffenhausen.

Electrek · 1d

Porsche is cutting nearly 2,000 jobs in Germany as its EV struggles worsen

It looks like the situation could be even worse than expected. Porsche said it would cut 1,900 jobs at two German plants by 2029 (via Bloomberg ), blaming “challenging geopolitical and economic conditions.” The sites include Porsche’s Zuffenhausen and Weissach plants, where it aims to reduce around 15% of the workforce.

The Financial Times · 1d

Porsche to cut 1,900 jobs in Germany as weak EV demand bites

Porsche is set to cut 1,900 jobs by 2029 as it grapples with stagnant demand for its electric models. The reductions, which will target Porsche’s factory in Zuffenhausen, which manufactures its all-electric vehicle Taycan,

Hosted on MSN · 8h

Porsche plans to cut 1,900 jobs

Porsche plans to cut around 1,900 jobs in Germany by 2029, following a decline in sales of its electric vehicles and expectations of reduced profits this year. Last week, the company announced its projected profit margins for 2024,

Electrek7d

Porsche will launch new gas-powered cars, because profits come first (for now)

Porsche will launch new gas-powered and plug-in hybrid (PHEV) cars as its EV models fail to gain traction. The ...

AutoGuide on MSN2d

Porsche Reportedly Planning New 911 Dakar With Hybrid Power

Porsche is preparing to bring back the 911 Dakar, this time with hybrid power and improvements to both on- and off-road ...

3don MSN

Porsche 911 Dakar Rebooted For 2026 With GTS T-Hybrid Power, Report Says

High-riding, limited edition 992.2 will borrow 534 hp, electrically assisted engine to improve power and economy, according ...

CAR on MSN6h

Polestar 4 vs Porsche Macau vs BMW i5: what you see isn't what you get

CAR magazine UK compares the new Polestar 4 and electric Porsche Macan with BMW's i5 Touring with pictures, specs and triple ...

3don MSN

The Porsche 911 Dakar Will Return with GTS-Style Hybrid Power, Report Claims

A new report suggests the Dakar may be returning for another run, this time with the extra juice of Porsche's T-Hybrid system ...

The EV transition hits some snags at Porsche and Audi

As a result, Porsche says it's taking "extensive measures" to improve profitability, including adding more internal ...

Porsche shares tumble as carmaker warns cost of new models to dent 2025 margins

Porsche AG's shares fell 7% on Friday, the biggest drop among European firms and its worst day since listing on the stock market, after the carmaker warned that the cost of new models and ...

Porsche's holding firm expects impairments to double on carmaker stake

Volkswagen's top shareholder, Porsche SE, now expects its write down to tend towards the lower end of the range of 20 billion ...

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