https://www.live-feeds.com/feed/porsche-facing-falling-profits-plans-to-cut-25-of-its-work-forceContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/porsche-facing-falling-profits-plans-to-cut-25-of-its-work-forcehttps://www.live-feeds.com/feed/porsche-facing-falling-profits-plans-to-cut-25-of-its-work-force#u112373Fri, 09 Oct 2026 14:41:30 +0000Porsche is planning to reduce its workforce by twenty five percent while bracing for a lower sales era and falling profits. The automaker aims to pivot away from a strict volume focus toward luxury and exclusivity. As part of this turnaround blueprint, the company intends to increase prices on its top end models by twenty percent by two thousand thirty. Additional future plans involve filling product gaps, creating more one off specials, introducing bespoke models, developing the 718 EV, and possibly adding a new supercar to the lineup.Why it mattersThe strategic overhaul highlights the immens