Porsche wants to cut 4,000 more jobs

Particularly affected are, according to the report, employees in the areas Management and Administration. Am Weissach development site should be round 30 percent of capacities put to the test. A Porsche spokesman did not want to confirm the specific number of positions when asked by dpa.

However, he referred to a comprehensive future package that is currently being worked on to slim down the company. The package is expected to be presented by the end of July. Management and employee representatives are currently negotiating a further savings package.

Porsche boss Michael Leiters had already announced extensive further job cuts in March – in addition to an initial package. By 2029, around 1,900 jobs are expected to be eliminated in a socially acceptable manner in the Stuttgart region. The contracts of around 2,000 temporary employees have also expired. Porsche also announced in May that it would close three subsidiaries – affecting a further 500 employees.