Porsche
Found 6 recent publications
Porsche Faces 4,100 More Job Cuts Amid Volkswagen's Deep Crisis
Volkswagen's aggressive restructuring plan threatens to cut 4,100 additional jobs at Porsche, potentially reducing the sports car maker's workforce by 25%.
Volkswagen and Porsche Sell Remaining Bugatti Stakes in €1 Billion Deal
Volkswagen and Porsche have completed the sale of their remaining Bugatti-Rimac stakes for €1 billion, ending a 28-year German ownership of the French hypercar maker to focus on EV development.
Eden Ben Zaken receives a luxury gift: a car worth 1.5 million shekels
Content creator Eden Ben Zaken, who has around 200,000 social media followers, shared that her partner surprised her with an incredibly luxurious gift: a new Porsche 911 Targa 4S.
Instead of Volkswagen: Porsche joins forces with China's Xpeng to reduce pollution fines in Europe
German automaker Porsche is set to combine its emissions pool with China's Xpeng. This strategic move aims to meet strict EU environmental standards and avoid substantial financial penalties.
Not recovering: Porsche will cut 20% of its workforce within a decade
A drop in sales in China, a failed electrification policy, and a parent company in deep trouble: the cash machine of the Volkswagen Group until a few years ago finds itself in a severe crisis and will significantly reduce its workforce.
Porsche to Cut 5,000 Jobs — About 12% of Workforce
German luxury car manufacturer Porsche announced it will cut 5,000 jobs by 2035 as part of a new efficiency package. This represents approximately 12% of the company's total workforce.