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Porsche CEO assures staff no further job cuts planned, according to memo

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Porsche CEO Michael Leiters told staff there were no plans to cut an additional 4,000 jobs at the Volkswagen sports car subsidiary, according to an internal memo seen by Reuters on Monday.

Read the original report at Reuters.

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Reuters

Source headline and summary supplied via NewsData.io. First collected by NewsJaws on 2026-09-21. This is an automated news brief, not original NewsJaws reporting. Dates reflect the source publication. Feed delays may apply.