Porsche plans further job cuts: up to 4,000 jobs

Poor Prospects At Porsche, Thousands More Jobs are at Risk

2026-07-06 Source: dpa | Translated by AI 1 min Reading Time

Porsche is known to want to cut many jobs because the automotive industry is struggling. Now it has emerged that significantly more jobs are at stake ...

At the sports car manufacturer Porsche, there is a sense of doom, which is why it had already been announced that many jobs would be cut to secure the future. Now it has emerged that the number of job losses will be even greater than initially stated ...(Image: Porsche) — At the sports car manufacturer Porsche, there is a sense of doom, which is why it had already been announced that many jobs would be cut to secure the future. Now it has emerged that the number of job losses will be even greater than initially stated ...
(Image: Porsche)

According to information from Handelsblatt, the announced further job cuts at the sports car manufacturer Porsche could cost up to 4,000 additional jobs, as reported by dpa. Employees in management and administration are particularly affected, according to the report. Approximately 30 percent of capacities at the development site in Weissach (Germany) are to be closely examined. However, a Porsche spokesman did not confirm the exact number of job cuts when asked by dpa. He referred to a comprehensive future package currently being developed to streamline the company.

Almost 2,000 Porsche Jobs Just in the Stuttgart Region

The package is set to be presented by the end of July. Management and employee representatives are currently negotiating another savings package. Porsche CEO Michael Leiters had already announced in March a comprehensive additional round of job cuts, building on the first package. By 2029, around 1,900 positions at Porsche in the Stuttgart region (Germany) alone are to be eliminated in a socially responsible manner. Additionally, the contracts of approximately 2,000 temporary employees have expired. Furthermore, in May, Porsche announced the closure of three subsidiaries, which could cost another 500 employees their jobs.

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