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Registered
Join Date: Apr 2001
Location: Linn County, Oregon
Posts: 49,772
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Job Cuts at Porsche
https://www.zerohedge.com/economics/vw-supervisory-board-recommends-another-4100-job-cuts-porsche.
The latest impact: According to a report by Handelsblatt, citing an internal recommendation by Volkswagen’s Supervisory Board, the personnel scalpel is once again being applied to the “Sport Luxury” division, meaning Porsche. Another 4,100 jobs are to be eliminated at Porsche, after it had already become clear that a total of 9,000 positions would disappear over the coming years. Porsche currently still employs 41,800 people.
(Click above to read full article)
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"Now, to put a water-cooled engine in the rear and to have a radiator in the front, that's not very intelligent."
-Ferry Porsche (PANO, Oct. '73) (I, Paul D. have loved this quote since 1973. It will remain as long as I post here.)
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