Porsche, Facing Falling Profits, Plans to Cut 25% of Its Work Force

New York Times - Oct 7, 2026

The German sports car maker once thrived in China and powered profits for its parent company, Volkswagen. Now it hopes to do more with less.

Read full article

More News

Porsche, Facing Falling Profits, Plans to Cut 25% of Its Work Force

Oct 7, 2026

Porsche, Facing Falling Profits, Plans to Cut 25% of Its Work Force

The German sports car maker once thrived in China and powered profits for its parent company, Volkswagen. Now it hopes to do more with less.

Jaguar unveils new electric car after 'woke' ridicule

Oct 7, 2026

Jaguar unveils new electric car after 'woke' ridicule

Two years after JLR relaunched Jaguar into a blizzard of controversy, it has launched its new EV.

Rainmakers: The drones used to seed clouds

Oct 7, 2026

Rainmakers: The drones used to seed clouds

Cloud seeding is gaining attention as countries look to boost rainfall - will drones help?

Porsche’s New Look: Pricier Cars and 25% Fewer Employees

Oct 7, 2026

Porsche’s New Look: Pricier Cars and 25% Fewer Employees

The German sports car maker once thrived in China and powered profits for its parent company, Volkswagen. Now it hopes to do more with less.

Landlord's heartbreak as pub shuts down

Oct 7, 2026

Landlord's heartbreak as pub shuts down

A pub landlord forced to close down says more venues face similar closures without more tax cuts.

How Trump’s Tariff War With Canada Ensnared the Can-Am Spyder

Oct 7, 2026

How Trump’s Tariff War With Canada Ensnared the Can-Am Spyder

The Can-Am Spyder has a devoted fan base across the United States. Now it’s a casualty in the trade war with Canada.

Paramount Closes Merger With Warner Bros. Discovery to Form Skydance

Oct 7, 2026

Paramount Closes Merger With Warner Bros. Discovery to Form Skydance

After a legal battle, the two Hollywood giants have become one. But the new company is saddled with debt, and in a memo to employees, its leaders hinted at cost cuts.

Froyo's made a comeback. But at £12 a tub will it last?

Oct 6, 2026

Froyo's made a comeback. But at £12 a tub will it last?

Frozen yoghurt, which was a huge craze in the 2000s and 2010s, has made its return with multiple chains popping up across the wider UK.

Braid-creator Jonathan Blow on making the 'biggest puzzle game ever'

Oct 6, 2026

Braid-creator Jonathan Blow on making the 'biggest puzzle game ever'

Order of the Sinking Star is due out on Thursday and has roughly 1,500 puzzles for players to try

Equinor says it may stop investing in UK if oil and gas fields do not get go-ahead

Oct 6, 2026

Equinor says it may stop investing in UK if oil and gas fields do not get go-ahead

The boss of the Norwegian state company says further investment in the UK could be at risk if Rosebank and Jackdaw are not approved.

Paramount takes over Warner Bros in $110bn Hollywood merger

Oct 6, 2026

Paramount takes over Warner Bros in $110bn Hollywood merger

The merger of two of Hollywood's biggest movie studios comes after months of legal disputes and concern over competition.

Battle Between Disney and the F.C.C. Moves to the Courts

Oct 6, 2026

Battle Between Disney and the F.C.C. Moves to the Courts

On Tuesday, a federal judge began hearing arguments in Disney’s effort to stop the agency from reviewing its broadcast licenses.

Recommended

Deck Biz

Deck Biz is an intelligent platform providing international and regional business news updates. You won’t get these insights elsewhere other than Deck Biz.

ABOUT US
Sign Up

Copyright © 2015 - 2026 Deck Biz. All Rights Reserved.