Porsche CEO says no additional 4,000 job cuts planned
Michael Leiters told employees in an internal memo that the existing restructuring plan remains unchanged and there are no plans for additional 4,000 job cuts, after reports suggested about 4,100 positions could be eliminated.
Porsche CEO Michael Leiters told employees the company has no plans for an additional 4,000 job cuts, according to an internal memo seen. Leiters said the existing restructuring plan remains unchanged after reports suggested another 4,100 positions could be eliminated.