Volkswagen Plans More Than 4,000 More Porsche Job Cuts as Profit Crisis Deepens

Volkswagen is considering more than 4,000 additional job cuts at Porsche as part of its most sweeping restructuring yet, highlighting the depth of the crisis facing the German automaker as weak Chinese demand and a costly shift in electric vehicles weigh on its most prestigious brands. Documents detailing a recent agreement by Volkswagen’s supervisory board […]

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