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Porsche to Cut Additional 4,100 Jobs Amidst Volkswagen's Restructuring

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Porsche, a subsidiary of Volkswagen, is reportedly considering cutting another 4,100 jobs, according to multiple sources. This comes as the Volkswagen Group aims to achieve an operating profit margin of only one percent by 2026. The cost-cutting measures at Porsche are part of the larger Volkswagen Group's restructuring plan, which includes job cuts and asset sales. Porsche CEO Michael Leiters has denied these reports, stating that there are no plans for further job cuts beyond the previously agreed 9,000 jobs.

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  1. Investing.com avatar

    Investing.com

    RSS / @investing.com/rss/news.rss

    Porsche could face another 4,000 job cuts, Handelsblatt reports

  2. Economic Times avatar

    Economic Times

    X / Twitter / @EconomicTimes

    Porsche could face another 4,000 job cuts, Handelsblatt reports https:...

  3. Markets Today avatar

    Markets Today

    X / Twitter / @marketsday

    Porsche could face another 4,000 job cuts, Handelsblatt reports

  4. DIE WELT avatar

    DIE WELT

    RSS / @welt.de/?service=Rss

    Porsche vor nächstem Kahlschlag – 4100 weitere Jobs in Gefahr Bei Pors...

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