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PORSCHE JOB CUTS
Volkswagen says to cut 50,000 jobs as profit slidesGerman auto giant Volkswagen will cut 50,000 jobs in Germany by 2030. This move comes as the company faces declining profits and intense co...10 Mar, 2026, 06.13 PM IST- Porsche mulls cutting electric sports cars to rein in budgetPorsche AG may halt its electric sports car plans. Development delays and rising expenses are key concerns.03 Feb, 2026, 01.22 PM IST
- Incoming Porsche CEO is on a road full of challengesPorsche is set to report a significant operating loss. The German sports car maker faces challenges in China and from U.S. tariffs. A new C...24 Oct, 2025, 11.45 PM IST
- Porsche's new CEO will inherit old problemsPorsche's outgoing CEO delivers a grim report. The German sports car maker faces a significant operating loss. A new CEO, Michael Leiters, ...24 Oct, 2025, 10.57 AM IST
- 2025 layoffs: List of companies cutting jobs worldwide and why it’s happeningMany big companies are cutting jobs in 2025. Tech, retail, finance, and energy firms are making layoffs as they try to save costs and adjus...28 Aug, 2025, 07.38 PM IST
- Mass layoffs in 2025: Microsoft, Meta, and more big names slash jobs — is yours next?In 2025, layoffs persist across technology, retail, and space exploration, driven by AI and automation. Companies like Meta, Boeing, and Ch...05 Jul, 2025, 01.31 AM IST
- Is TV actor Ram Kapoor the first Indian to buy this Lamborghini model? He once sold used carsTelevision actor Ram Kapoor, known for Bade Achhe Lagte Hain, may be the first Indian to own the newly launched Lamborghini Urus SE. From s...15 Jun, 2025, 11.17 PM IST
- GM delays investor call, UPS axes 20,000 jobs as Trump's tariffs create corporate chaosGlobal firms are reeling from the impact of trade tensions, with approximately 40 companies withdrawing or reducing their financial outlook...01 May, 2025, 12.59 AM IST
- Why Porsche is no longer a 'premium' sports car in ChinaGerman automakers are losing ground in China's high-performance car market to Chinese rivals like Xiaomi, which offers electric, smart, and...17 Feb, 2025, 10.38 AM IST
- Porsche plans to cut additional 1,900 jobs by 2029Porsche AG plans to cut an additional 1,900 jobs over the next four years at its main sites in Stuttgart-Zuffenhausen and Weissach, aiming ...15 Feb, 2025, 02.34 PM IST
- Which Volkswagen factories in Germany could be hit by layoffs or closed?Volkswagen plans to end its job security programme, in place since 1994, due to competition from Asian rivals. This move could impact sever...06 Sep, 2024, 05.24 PM IST
- Porsche exploring assembly of Cayenne SUV in India amid growing domestic demandPorsche is considering starting local assembly of its Cayenne SUV in India to take advantage of tax benefits and meet growing demand in the...21 Aug, 2023, 10.10 PM IST
- 5 world market themes for the week aheadThe Bank of England meets on Thursday and must gauge the implications for inflation from the government's huge energy bill bailout of house...10 Sep, 2022, 12.24 PM IST
- Race-track rivalry moves to boardroom as VW brands battle for electric car jobsVOLKSWAGEN-POWERSTRUGGLE:Race-track rivalry moves to boardroom as VW brands battle for electric car jobs27 Nov, 2016, 05.19 PM IST
- Fiat's arrival at Chrysler wheel changes auto landscapeThe landscape of the global auto industry is set to be radically redrawn with the appointment on Thursday of Fiat corporate rescue maestro ...07 May, 2009, 04.58 PM IST
- German carmakers see red over Europe’s new emission normsDaimler, Porsche and other German luxury carmakers must cut carbon-dioxide emissions more than rivals in France and the US under a European...20 Dec, 2007, 12.50 AM IST
- Volkswagen's Wolfsburg plant may roll out Audis tooVolkswagen is seriously considering making cars for premium arm Audi in its main Wolfsburg plant to fill unused capacity at the factory and...25 Sep, 2006, 03.21 AM IST
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