Home / Business and Economy / Porsche CEO Eyes Quick Deal on Cost Cuts Before Holidays
Porsche CEO Eyes Quick Deal on Cost Cuts Before Holidays
20 Jun
Summary
- Porsche CEO expects a swift conclusion to cost-cutting talks.
- An agreement with employees is sought before July factory holidays.
- Employees need clarity regarding the upcoming savings plan.
Porsche CEO Michael Leiters anticipates a swift conclusion to ongoing negotiations regarding a second cost-cutting package at the German sports car manufacturer. Speaking in an interview, Leiters indicated a strong desire to finalize an agreement with employees before the commencement of factory holidays in July.
He underscored the importance of providing clarity to Porsche's workforce on the proposed savings measures. The aim is to resolve these discussions promptly, ensuring employees have a clear understanding of the company's plans ahead of the planned break.
Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
