Porsche to discontinue subsidiaries as part of ‘challenging transformation’
11/05/2026
As part of carmaker Porsche’s “strategic realignment”, it will discontinue its subsidiaries Cellforce Group, Porsche eBike Performance and Cetitec, with more than 500 job losses.
CEO Dr Michael Leiters said: “Porsche must refocus on its core business. This is the indispensable foundation for a successful strategic realignment. This forces us to make painful cuts, including our subsidiaries.”
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