- Porsche will cut about 9,000 jobs by 2035, with 5,000 of those handled through voluntary measures and natural attrition to avoid compulsory redundancies.
- The agreement guarantees sites will stay open until 2035 and includes €2.1 billion of investment in the Stuttgart‑Zuffenhausen factory and Weissach R&D centre.
- The moves are part of a wider Volkswagen‑group overhaul driven by weak China sales, a stalled EV push and rising competition from Chinese rivals (VW is eyeing 100,000 cuts group‑wide).
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