Porsche Plans 1,900 Job Cuts
This is a Germany news story, published by Yahoo Finance, that relates primarily to Weissach news.
Germany news
For more Germany news, you can click here:
more Germany newsWeissach news
For more Weissach news, you can click here:
more Weissach newsunemployment news
For more unemployment news, you can click here:
more unemployment newsYahoo Finance news
For more news from Yahoo Finance, you can click here:
more news from Yahoo FinanceAbout the Otherweb
Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like unemployment news, you might also like this article about
Carmaker Porsche. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest German carmaker news, Porsche news, unemployment news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
Porsche Automobil HoldingGlobalData
•Business
Business & Economics
Porsche to cut another 2k jobs in Germany by 2029

76% Informative
The German carmaker is to reduce positions by 15% at its main sites in Stuttgart-Zuffenhausen and Weissach in southwestern Germany .
The job reduction process began in 2024 with Porsche choosing not to renew the contracts of 1,500 fixed-term employees.
An additional 500 contracts are also set to conclude, the spokesperson said.
VR Score
69
Informative language
62
Neutral language
75
Article tone
formal
Language
English
Language complexity
62
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
2
Source diversity
1
Affiliate links
no affiliate links