Porsche to cut 5,000 additional jobs in Germany
Porsche will reduce its workforce by an additional 5,000 positions, bringing total planned job cuts to 8,900 while extending site guarantees until 2035.
German luxury carmaker Porsche plans to eliminate approximately 5,000 additional jobs over the coming years, following an agreement between corporate management and the works council at its main plant in Stuttgart.
The workforce reduction will be managed through socially responsible measures, including natural turnover, partial retirement schemes, and voluntary severance packages. Combined with job cuts announced last year, total headcount reductions at the automaker will reach around 8,900 positions.
In exchange for the workforce restructuring, Porsche has agreed to extend its job security guarantee for the remaining staff at its German production sites through 2035.
Sources: ORF
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Earlier coverage
- Jul 27, 2026, 03:30 PM UTCPorsche to cut 5,000 additional jobs while extending site guarantees to 2035