Porsche could face another 4,000 job cuts, Handelsblatt reports
BERLIN: Volkswagen’s sweeping turnaround plan foresees more than 4,000 further job cuts at Porsche, German business daily Handelsblatt reported on Saturday, following a profit warning linked to problems at the sports car subsidiary. 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…

