World
Porsche AG: Supervisory Board Approves 'Zukunftspaket', a Second Cost-Cutting Plan
Porsche AG's supervisory board approved the 'Zukunftspaket' on July 22, 2026, marking the company's second cost-cutting initiative. During the meeting, the board of directors presented the status of ongoing negotiations. According to a spokesperson cited by Die Zeit, the focus is now on 'finalizing the remaining stages.' No specific details regarding job cuts or concrete measures have been disclosed. A previous cost-cutting plan had already been implemented by Porsche before this new initiative.