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Live News EQUITY ARTICLE M impact

Porsche may face 4,100 more job cuts amid Volkswagen turnaround

Reported restructuring proposals at Porsche could add about 4,100 additional jobs at risk as Volkswagen seeks to address a reported €700 million overhead gap.

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Fresh restructuring proposals at Porsche could put about 4,100 additional jobs at risk as Volkswagen steps up efforts to improve profitability and address a reported €700 million overhead gap at the company. The new ideas would add to thousands of previously agreed reductions.