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Handelsblatt reports Porsche may cut a further 4,000 jobs as part of Volkswagen Group’s restructuring, on top of 9,000 previously planned reductions amid cost pressures and weakening demand.
(Adds Porsche declining to comment) BERLIN, Sept 19 (Reuters) — Volkswagen's sweeping turnaround plan foresees more than 4,000 further job cuts at Porsche, German business daily Handelsblatt reported on Saturday, following a profit warning linked to problems at the sports car subsidiary. Files documenting a recent agre
BERLIN, Sept 19 (Reuters) — Volkswagen's sweeping turnaround plan foresees more than 4,000 further job cuts at Porsche, German business daily Handelsblatt reported on Saturday, following a profit warning linked to problems at the sports car subsidiary. Files documenting a recent agreement by Volkswagen's supervisory bo