Porsche CEO denies plans for another 4000 job cuts

Porsche CEO Michael Leiters has pushed back against reports that the German sports-car maker could face another major round of job cuts, telling employees that no additional reductions are currently planned. Leiters was responding to a recent report which claimed Volkswagen’s supervisory board viewed around 4,100 more positions at Porsche as unnecessary. That would have […]

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