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  <title>Eurotrack: Porsche</title>
  <subtitle>All entries on Porsche across all areas, newest first.</subtitle>
  <link href="https://eurotrack.ai/en/companies/porsche/"/>
  <link rel="self" href="https://eurotrack.ai/en/companies/porsche/feed.xml"/>
  <id>tag:eurotrack.ai,2026:en:en/companies/porsche</id>
  <updated>2026-07-27T06:00:00Z</updated>
  <author><name>Eurotrack</name></author>
  <entry>
    <title>📉 Porsche agrees with works council to cut 5,000 jobs by 2035 (Germany)</title>
    <link href="https://eurotrack.ai/en/developments/3f2d060f-porsche-agrees-with-works-council-to-cut-5-000-jobs-by-2035/"/>
    <id>tag:eurotrack.ai,2026:3f2d060f:en</id>
    <updated>2026-07-27T06:00:00Z</updated>
    <summary>On 27 July 2026 the Executive Board and General Works Council of Porsche AG — together with IG Metall and the Suedwestmetall employers' association — agreed on a 'Future Package'. Porsche thereby officially confirms for the first time the figures that were still only reporting in the 22 July entry: a further 5,000 jobs will go by 2035, according to the press release in a socially responsible way and largely through natural attrition, demographic effects, an expanded partial-retirement programme and voluntary severance agreements. In return Porsche extends employment and site protection until 2035 and plans to invest a cumulative 2.1 billion euros in the Zuffenhausen and Weissach sites. The package is the basis for the 'Sportwagenschmiede 35' strategy, which is to be presented in detail at a Capital Markets Day in October. Update (21 Sept 2026), single-source reporting: According to a Handelsblatt report, the Volkswagen Group is considering reducing headcount in the "Sport Luxury" brand group (which includes Porsche) by around 4,100 staff — on top of the agreements already in place. The figures reportedly come from documents on a VW supervisory board resolution of early September; a cut of 4,100 Porsche jobs is therefore explicitly not yet decided. The figure is accordingly not recorded here as an affected-employee count (Handelsblatt via Das Verbraucherschutzforum, 20 Sept 2026). Update (21 September 2026): Porsche CEO Michael Leiters rejected the Handelsblatt report in an internal message seen by Reuters — no further 4,000 jobs are to go, and the total remains 5,000 by 2035. He confirmed the full-year guidance (€35–36bn revenue, 5.5–7.5% operating margin); the capital markets day is set for 7 October 2026 (Reuters via onvista, 21 September 2026). Update (7 Oct 2026): At its Capital Markets Day Porsche put the socially responsible job reduction agreed with employee representatives at around 9,000 positions, combined with job security for the core workforce until 2035; in the medium term the workforce in direct and indirect areas is to shrink by 25% (strategic target 30%) and management positions by around 40%. The release does not say whether the 9,000 positions include the reduction steps agreed earlier. Cellforce (development and production), Porsche eBike Performance and Cetitec are to be shut down, and the sale of MHP to Tata Consultancy Services has been signed (Porsche Newsroom, 7 Oct 2026). — Sources: https://newsroom.porsche.com/en/2026/company/porsche-executive-board-general-works-council-future-package-42938.html · https://newsroom.porsche.com/de/2026/unternehmen/porsche-capital-markets-day-strategie-sportwagenschmiede-35-43418.html</summary>
  </entry>
  <entry>
    <title>📉 Report: Porsche CEO plans to double job cuts to up to 6,000 (Germany)</title>
    <link href="https://eurotrack.ai/en/developments/090ae4e4-report-porsche-ceo-plans-to-double-job-cuts-to-up-to-6-000/"/>
    <id>tag:eurotrack.ai,2026:090ae4e4:en</id>
    <updated>2026-07-22T06:00:00Z</updated>
    <summary>Reported (Manager Magazin/Bild, 22 July 2026): Porsche CEO Michael Leiters plans to double the current savings programme and cut an additional 5,000 to 6,000 jobs by 2035 — on top of the roughly 3,900–4,000 already announced. In return, employment protection for the remaining workforce until 2035 is said to be under discussion; no agreement with the works council and IG Metall has been reached yet, and Porsche declined to comment officially. At the end of 2025 Porsche employed around 42,000 people worldwide. Several independent outlets (including Reuters syndications and onvista) picked up the report. Update (23 July 2026): The supervisory board approved a new 'future package' on 22 July. Across all rounds the cuts add up to nearly 9,000 positions according to media reports (heise, Reuters, Bild, Manager Magazin) — around 3,900 from the programme already under way, some 2,000 expired fixed-term contracts, plus the new 5,000–6,000 by 2035. The Weissach development centre is to cut capacity by about 30%; three subsidiaries will also be closed: Cellforce Group (battery cells, around 50 employees), Porsche eBike Performance (around 350) and Cetitec (software, around 90). In return, employment protection is to be extended from 2030 to 2035. Porsche did not officially confirm the specific figures, describing them as 'final steps' still to be agreed — the numbers therefore remain reporting rather than confirmation. — Note: this reported plan was officially confirmed on 27 July 2026 by the agreement between the executive board and the general works council (5,000 jobs by 2035). The figure is therefore no longer recorded here, so that the same jobs are counted only once in the key figures; the entry of 27 July 2026 is the authoritative one. The additional details documented here (Weissach capacity cut by around 30%, closure of Cellforce Group, Porsche eBike Performance and Cetitec) are retained as evidence. — Source: https://www.onvista.de/news/2026/07-22-bericht-porsche-will-5000-weitere-jobs-streichen-0-20-26534884</summary>
  </entry>
  <entry>
    <title>📉 Report: Porsche puts up to 4,000 more jobs at risk (Germany)</title>
    <link href="https://eurotrack.ai/en/developments/2dccbd83-report-porsche-puts-up-to-4-000-more-jobs-at-risk/"/>
    <id>tag:eurotrack.ai,2026:2dccbd83:en</id>
    <updated>2026-07-06T06:00:00Z</updated>
    <summary>According to Handelsblatt, up to 4,000 further jobs are at risk at Porsche, primarily in management, administration and development; at the Weissach development site, around 30 percent of capacity is under review. A comprehensive 'future package' is to be finalised by the end of July. — Note: this is the early reporting stage of exactly the future package Porsche officially confirmed on 27 July 2026 (see the entry of 27 July 2026, 5,000 jobs by 2035). The figure is therefore no longer recorded here, so that the same jobs are counted only once in the key figures; the official entry of 27 July 2026 is the authoritative one. — Source: https://www.heise.de/news/Porsche-Weitere-4000-Stellen-stehen-zur-Disposition-11354346.html</summary>
  </entry>
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