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Porsche Works Council Fears Massive Job Cuts
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There's a major upheaval at German sports car manufacturer Porsche – and not just on the stock market, but directly in the factory halls and research and development centers in Germany. According to Automobilwoche, the chairman of the works council, Ibrahim Aslan, issued a stark warning this week about the potential consequences of the ongoing cost-cutting negotiations: He stated that one in four jobs at Porsche AG is at risk if management conti…
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