Porsche to cut 1,900 jobs by 2029 with voluntary departures
On February 14, multiple sources reported that Porsche AG plans to cut 1,900 jobs by 2029, mainly affecting its Stuttgart-Zuffenhausen and Weissach plants in Baden-Württemberg, Germany.
The job cuts will be done socially responsibly, with employees guaranteed employment until 2030, meaning no operational redundancies