Profit Margin Plummets to 1.1%, Porsche Plans to Lay Off 9,000 Employees
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Author:小编   

On Wednesday, Porsche announced a restructuring plan that is expected to result in approximately 9,000 layoffs by 2030, accounting for 25% of its total workforce. As a luxury sports car brand under the Volkswagen Group, Porsche is facing the impact of declining sales and adjustments to its previous high-cost electric vehicle strategy.