Porsche AG Unveils Future Package with Strategic Investments

Porsche AG's Executive Board and General Works Council have reached an agreement on a Future Package. This package forms the basis of Porsche’s strategic plan, "Sportwagenschmiede 35". It includes an investment of 2.1 billion euros in the Zuffenhausen and Weissach sites by 2035. The measures aim to significantly cut personnel costs, enhance site flexibility, and boost productivity.

A key aspect is the socially responsible reduction of 5,000 jobs by 2035, mainly via natural attrition, expanded retirement programs, and voluntary severance deals. Employment and site protection extend until 2035, ensuring security for workers. This agreement aims to reinforce Porsche’s competitiveness and safeguard jobs.

Porsche commits to deferred pay increases and adjusted bonuses, alongside offering mobile working for eight days monthly. Notably, IG Metall members benefit with extra days off and transformation bonuses. The package seeks to align economic success with employee security.