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  • Porsche slashes 500 jobs and shutters e-bike unit after profit collapses 92%
Porsche to cut 500 jobs amid push for core business focus
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Porsche slashes 500 jobs and shutters e-bike unit after profit collapses 92%
Founder News Team Aug 24, 2026 0

Porsche will cut more than 500 jobs and close three subsidiaries after 2025 operating profit plunged 92.67% to €413 million…

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We aim to empower European founders with the insights, trends, and tools they need to build, grow, and lead world-class companies. By delivering sharp, actionable news and stories that matter, from fundraising to regulation, and from talent to tech, we help entrepreneurs stay ahead in a fast-changing world.
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We aim to empower European founders with the insights, trends, and tools they need to build, grow, and lead world-class companies.

By delivering sharp, actionable news and stories that matter, from fundraising to regulation, and from talent to tech, we help entrepreneurs stay ahead in a fast-changing world.

Latest News
Apple changes App Store fees in Europe after long legal battle, Epic Games reacts
Apple Slaps New Fees on EU Developers as Epic Cries Foul
Aug 24, 2026
Porsche to cut 500 jobs amid push for core business focus
Porsche slashes 500 jobs and shutters e-bike unit after profit collapses 92%
Aug 24, 2026
South Korea's New Internet Law Raises Global Free-Speech Concerns - American Legislative Exchange Council
South Korea’s Internet Law Could Censor American Speech Abroad
Aug 24, 2026
What makes a business work? This Swedish scale-up has put €4.5 million behind finding out
Swedish software firm bets €4.5 million that business metrics mislead founders
Aug 24, 2026
Apple’s New EU Fees Test Whether the DMA Can Change Big Tech’s Business Model
5% Apple Fee Tests Whether EU Law Truly Opens iPhone
Aug 24, 2026
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