Evan(@StockMKTNewz):Volkswagen is reportedly looking to lay off ~4,100 people from its Porsche brand "Files documenting a recent agreement by Volkswagen's supervisory board to usher in the German auto group's largest restructuring yet propose a reduction of "about 4,100 employees" at ⁠the brand, addressing an overhead shortfall of some €700 million ($803.8 million), according to Handelsblatt."

Evan

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Evan@StockMKTNewz

2026.09.19 17:42

Volkswagen is reportedly looking to lay off ~4,100 people from its Porsche brand "Files documenting a recent agreement by Volkswagen's supervisory board to usher in the German auto group's largest restructuring yet propose a reduction of "about 4,100 employees" at ⁠the brand, addressing an overhead shortfall of some €700 million ($803.8 million), according to Handelsblatt." - Reuters