Porsche Plans Workforce Reduction of Up to 25% in Germany Amid Sales Slowdown
Porsche has informed employees in Germany about plans to significantly reduce its workforce as part of a restructuring exercise. According to internal communications, the company is considering cutting up to 25 per cent of jobs, which could affect around 5,500 employees, making it the largest workforce reduction in the automaker’s history.
The proposed measures follow a sharp decline in sales that has increased pressure on Porsche’s operations. The slowdown has prompted the company and its holding entity, Porsche SE, to review strategic options to stabilise performance and address cost challenges, reflecting the seriousness of the current business environment.
If implemented, the job cuts are expected to have a notable impact on local labour markets, particularly in regions where Porsche is a major employer. Industry observers note that the move mirrors wider challenges facing the automotive sector, including softer demand, rising input costs and the transition toward new technologies.
Porsche has indicated that discussions are ongoing with management bodies, works councils and employee representatives. Additional information on the scope, timeline and implementation of the restructuring is expected as consultations continue.
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