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Porsche, Facing Falling Profits, Plans to Cut 25% of Its Work Force
7 October 2026 at 08:15
The German sports car maker once thrived in China and powered profits for its parent company, Volkswagen. Now it hopes to do more with less.
Workers build an electric Macan at a Porsche assembly plant in Leipzig, Germany, in 2024.
© Jens Schlueter/Getty Images
