Porsche is threatening to cut a quarter of jobs at its German headquarters and nearby sites, the group’s works council has warned, as the carmaker battles a slump in Chinese demand, a costly shift to electric vehicles and US tariffs.
Ibrahim Aslan, head of the company’s works council, said Porsche was “threatening to relocate development and production to countries with significantly lower wages”.
The comments from the works council, which represents Porsche employees, come as it is locked in bruising negotiations with management over a cost-cutting plan to help staunch losses at the company, which reached almost €1bn in the third quarter.
您已閱讀23%（646字），剩余77%（2161字）包含更多重要信息，訂閱以繼續探索完整內容，并享受更多專屬服務。