Porsche to cut 5,000 jobs, extends site guarantee to 2035 and pledges €2.1bn investment Porsche to cut 5,000 jobs in coming years; company and works council extend site guarantee to …
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Business
Porsche Announces 5,000 Job Cuts and 2035 Employment Guarantee Sparking VW Tensions
by Leo Müllerby Leo MüllerPorsche to cut 5,000 jobs and guarantee employment to 2035, triggering a power struggle at Volkswagen Porsche to cut 5,000 roles and reduce capacity in Baden-Württemberg while offering employment security …
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Business
Porsche Announces 5,000 Job Cuts, Secures Employment Guarantee Until 2035, Pressuring VW
by Leo Müllerby Leo MüllerPorsche job cuts: Leiters to eliminate 5,000 roles while promising employment until 2035, sparking VW tensions Porsche job cuts: Michael Leiters will cut 5,000 positions and reduce Baden-Württemberg capacity while …
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Business
Porsche launches cost-cutting package to cut 5,000 jobs, extends guarantee to 2035
by Leo Müllerby Leo MüllerPorsche job cuts: Sportscar maker to cut 5,000 roles at Zuffenhausen and Weissach, raising total reductions to about 9,000 Porsche job cuts: Porsche will cut 5,000 roles at Zuffenhausen and …
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Business
Germany’s EEG reform ends 20-year solar feed-in guarantee, industry warns
by Leo Müllerby Leo MüllerGermany’s EEG reform shortens solar feed‑in guarantees, sparking industry alarm Germany’s EEG reform cuts solar feed‑in guarantees to 36 months and trims curtailment payouts, prompting industry warnings of lost investment …
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Business
German Pension Commission Recommends Ending 48 Percent Pension Guarantee for Current Retirees
by Leo Müllerby Leo MüllerGerman pension reform panel recommends ending 48% pension guarantee for current retirees A government expert commission has proposed ending the 48% pension guarantee for ongoing pensions, reshaping German pension reform …
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Business
German breweries warn World Cup alone will not guarantee higher beer sales
by Leo Müllerby Leo MüllerGerman breweries cautious ahead of World Cup as sales hinge on weather and team success German breweries are cautiously optimistic about the World Cup, but say summer beer sales will …
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Business
German government extends PCK Schwedt refinery job guarantee to end 2026
by Leo Müllerby Leo MüllerGermany extends employment guarantee for PCK refinery Schwedt amid Russian oil transit halt Federal government extends employment guarantee for the PCK refinery Schwedt to the end of 2026 after Russia …
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Business
House auctions reveal why lower prices do not guarantee a sale
by Leo Müllerby Leo MüllerHouse auction by hand signal: live sale exposes why falling prices don’t always sell Live house auction in Germany shows hand signals decide purchases as falling prices fail to guarantee …