Porsche slashes costs and jobs in bold 2025 restructuring plan
Porsche AG is facing a challenging period as its stock price falls and major restructuring begins. Shares now trade at €45.79, marking a 21.16% decline since the start of the year. The company has announced sweeping cost-cutting measures to stay competitive in a changing market.
Management and employee representatives are in talks over a far-reaching restructuring plan. The proposals include job cuts for salaried staff, outsourcing of services, and the elimination of bonuses. Pension benefits are also set for substantial reductions.
The restructuring will reshape Porsche AG’s operations in 2025, with deep cuts across multiple areas. Job security, outsourcing, and pension changes remain key points of discussion. The company aims to secure its long-term position through these measures.