Porsche to cut one in five jobs by 2035 as parent Volkswagen restructures
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Article Excerpt
Porsche to cut one in five jobs by 2035 as parent Volkswagen restructures
RACHEL MORE AND ILONA WISSENBACH
REUTERS
PUBLISHED 2 HOURS AGO
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A Porsche employee works on a car in Stuttgart, Germany in March, 2025.
SILAS STEIN/AFP/GETTY IMAGES
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German luxury carmaker Porsche POAHF will cut around one in five jobs by 2035, with 9,000 positions to be axed in total, as parent Volkswagen VWAGY and its brands restructure in the face of wea…
Read full article at The Globe and Mail ↗
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Jul 28, 2026