The cuts relate to factories in the Stuttgart area, Tsoufehausen and Visach- What will apply to employees
The abolition of about 1,900 jobs by 2029 is planned by the Porsche automobile industry, a subsidiary of the Volkswagen Group.
According to the company’s announcement, the cuts relate to factories in the Stuttgart area, Tsoufehausen and Visach and will become “socially acceptable”.
In addition, Porsche clarified, for employees the “employment guarantee” will continue to apply, which prohibits redundancies for operational reasons by 2030 and the departures should be voluntary. The company employs a total of 37,000 employees in its plants in Germany.
Earlier this month, Porsche unexpectedly announced the end of its partnership with financial director Luts MEASE and sales manager Detlef von Platen, without justifying the decision or defining replacements. A few days later, the company announced that, unlike its previous goals, it would re -focus on internal combustion engines. For the development of these engines and plug-in hybrid models, the extra cost for 2024 is estimated at € 800 million. However, according to the original design, by 2030 more than 80% of the new sports and off -road Porsche models should be fully electric.
Source: Skai
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