„Porsche“ will lay off 5000 employees by 2035

„Porsche“ will lay off 5000 employees by 2035

“The plan includes a socially responsible reduction of 5,000 jobs by 2035, mainly utilizing natural employee turnover, demographic changes, the expansion of a special partial pension program, and voluntary severance agreements,” the company statement said.

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The overall goal is to strengthen the competitiveness of the sports car manufacturer and preserve as many jobs as possible in the long term. To enable these investments, the negotiating parties agreed on a comprehensive package of measures. This will form the basis for greater flexibility and productivity, the statement said.

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