On February 13, Andreas Haffner, Porsche's Head of Human Resources, jointly announced with the labor union that, in response to market shifts, the company will undertake layoffs of approximately 1,900 employees at its Zuffenhausen and Weissach facilities in Stuttgart, Germany. This represents roughly 15% of Porsche's total workforce. The layoffs, anticipated to conclude by 2029, will be implemented through voluntary measures, encompassing early retirement programs and compensation packages.
