Published by Global Banking & Finance Review®
Posted on December 10, 2025
1 min readLast updated: January 20, 2026
Add as preferred source on GooglePorsche AG faces potential job cuts, with 25% of positions at risk due to possible relocation to lower-cost countries.
FRANKFURT, Dec 10 (Reuters) - One in four jobs at German sports car maker Porsche is at risk, warned worker representatives on Wednesday, adding that the management was threatening to relocate production and development to lower-cost countries.
"The board has not yet presented a future vision for our German Porsche locations but is threatening to relocate development and production to countries with significantly lower wage levels. This puts one in four jobs at Porsche AG at risk," said Porsche works council chair Ibrahim Aslan in a statement.
A Porsche spokesperson said that the sector faced immense challenges and significant cost optimisation was necessary.
(Reporting by Ilona WissenbachWriting by Madeline ChambersEditing by Miranda Murray)
Job risk refers to the potential for employees to lose their positions due to various factors, such as company restructuring, relocation of operations, or economic downturns.
Corporate strategy is a company's overarching plan to achieve its goals and objectives, which includes decisions about resource allocation, market positioning, and competitive advantage.
A financial crisis is a situation in which the value of financial institutions or assets drops significantly, often leading to a loss of confidence in the economy and resulting in widespread economic disruption.
Job creation refers to the process of generating new employment opportunities within an economy, often driven by business growth, investments, and economic policies.
Management in a corporate context involves coordinating and overseeing the activities of an organization to achieve defined objectives, ensuring efficient use of resources and effective decision-making.
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