Sportwagenhersteller: Porsche streicht 5000 Jobs – und bringt VW in die Bredouille

Porsche has announced plans to cut 5000 jobs at its headquarters in Zuffenhausen and its research center in Weissach, marking another round of cost-cutting measures within the company. The decision was presented to the supervisory board of the Stuttgart-based automaker during a meeting held early Wednesday evening. A spokesperson confirmed that the board had approved the proposal, though specific details were not disclosed. According to reports from Frankfurter Allgemeine, the agreement includes the elimination of non-tariff bonuses, streamlining production capacity, and reducing technical capabilities at the plants. In exchange, Porsche is extending its employment security program, which previously ran until 2030, to 2035. Additionally, the company has pledged further investments. The job cuts represent part of a broader restructuring effort, with Porsche aiming to save billions through these measures. The savings are expected to be reinvested into both Zuffenhausen and Weissach to enhance competitiveness. The initial round of layoffs, announced earlier this year, brought the total number of positions being reduced in Baden-Württemberg to around 9000. This would account for more than one-third of the workforce at the two locations and over one-fifth of the entire Porsche AG staff. The management team was informed of the details on Wednesday night, and employees will be briefed on the specifics during trade union meetings scheduled for the following Monday. Michael Leiters, who took over as CEO of Porsche in January, faces mounting pressure within the Volkswagen Group. The decision to extend employment guarantees for Porsche workers until 2035 is viewed by some in the Wolfsburg-based parent company as a significant concession to its employees. Meanwhile, the Volkswagen Group itself is grappling with its own challenges, including potential closures of three Volkswagen factories and an Audi plant. Combined with previous cuts, over 100,000 jobs across the entire group could be affected. Volkswagen’s chief executive, Oliver Blume, had previously led Porsche before taking on his current role. During his tenure at Porsche, he attempted to implement a second round of cost-saving measures but failed to reach an agreement with labor representatives, partly due to his reluctance to offer extensive job security. He stepped down as Porsche CEO in January to focus entirely on his role at Volkswagen. Now, the recent developments at Porsche have complicated ongoing negotiations at Volkswagen, where the works council has already signaled its intention to question Blume’s leadership during upcoming trade union meetings. The situation at Porsche is seen as potentially inflaming tensions within the Volkswagen Group. Insiders suggest that the approach taken by Porsche’s management may stir up expectations among other employees, particularly given the long-standing skepticism of workers at Volkswagen sites such as Wolfsburg toward their counterparts in the south-west. The issue of job security remains central to the discussions, with the new terms at Porsche raising questions about how similar concessions might be applied elsewhere within the group. As the Volkswagen Group prepares for its next supervisory board meeting in Wolfsburg on September 4, the outcome of the Porsche-related negotiations will likely influence the direction of future labor talks. With the stakes high for both sides, the coming weeks will determine whether the balance of power shifts further in favor of either the management or the unions. For now, the focus remains on the immediate implications of the job cuts and the broader impact they may have on the stability of the entire automotive giant.