According to a report by Reuters, Porsche will cut an additional 5,000 jobs after the company’s management and labour representatives recently concluded months of negotiations. This comes after the first round of job cuts affecting 3,900 personnel in February last year, with another 500 this year linked to the closure of subsidiaries.
By 2035, one in five positions will be cut, with about 9,000 positions to be axed in total as parent Volkswagen Group and its brands undergo a restructuring exercise in the wake of weak demand and stiff competition. With the company revealing via its latest sustainability report that it had 42,066 employees during fiscal year 2025, the job cuts represent about 21% of its workforce.
Former McLaren CEO Michael Leiters, who was appointed to lead Porsche starting January 2026, was tasked with overhauling the business after sales in China – one of Porsche’s most lucrative markets – declined. The brand’s electric vehicle (EV) strategy is also facing its fair share of challenges with weaker-than-expected demand.
As part of a deal announced on Monday (July 27, 2026), Porsche has guaranteed to keep sites open for another five years, until the end of 2035, as well as invest 2.1 billion euros (about RM9.8 billion) in its main factory of Stuttgart-Zuffenhausen and its R&D centre in Weissach.
Porsche Cayenne Coupe
from RM739,000 
Porsche Macan Electric
from RM575,000 
Porsche Panamera
from RM1,300,000 
Porsche Cayenne
from RM609,000 
Oh no! anyway…..
Porshe need to hire Jo Ha ri becos he can protek the Porshe by finding ways to ban or impose tax on other brands
Since new Macan & Cayenne are fully EV, sales drop. How to fight with Chinese EV…. They should make it dual platform with EV, Hybrid and Petrol. Macans & Cayennes are the bread winner for Porsche.
sepatutnya dorang belajar dari pegawai meetee. naikkan harga kereta import, paksa company lain buat CKD kat jerman.
Ini supaya 5,000 pekerja tak hilang pekerjaan. datang ke malaysia dan belajar dengan pegawai meetee.
Create one ‘affordable’ model and sell it dirt cheap and watch those sales volume rises. The name Porsche still harum, just out of reach for many.
Ya..better they make a car that sell rm80k, im quite certain proton and perodua buyer will move to this brand
Tesla’s EV technology evolution started in the 2010s—it’s about time, right, With Porsche having a staff of more than 40,000, how many of these employees are on fixed-term contracts or reaching retirement age in order to present a positive outlook to investors, Restructuring has been a common way to looks good ahead of AGM?
People are moving towards perodua now, no people drive porsche anymore