Porsche could cut 4,100 more jobs

A September 19, 2026 post says Porsche could cut 4,100 more jobs beyond roughly 9,000 cuts already agreed, though the reported plan is not final. It describes a €700 million overhead gap following falling sales in China and a costly rethink of Porsche’s electric-vehicle strategy. The post also says Volkswagen lowered its expected profit margin from 4–5.5% to no more than 1%.