International Companies

Porsche to cut more than 500 jobs, close three divisions

By Benjamin Chiou

Date: Friday 08 May 2026

(Sharecast News) - Luxury sports car maker Porsche has announced more than 500 job cuts and the discontinuation of three divisions as part of its sharpened focus on core businesses.
The German auto group revealed on Friday that battery subsidiary Cellforce, electric bicycle outfit Porsche eBike Performance and software and connectivity...

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