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May 12, 2026

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Porsche Is Laying Off More Than 500 People And Cutting Its E-Bike Business

Automotive

Porsche Is Laying Off More Than 500 People And Cutting Its E-Bike Business

USATimes247 May 11, 2026

Porsche Is Laying Off More Than 500 People And Cutting Its E-Bike Business

With all three subsidiaries dropped being electric car-adjacent, it doesn’t take a genius to gather that weak EV demand is part of Porsche’s financial pain.

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