Porsche CEO pushes cost cuts and strategy overhaul – report
Key takeaways
- Porsche CEO pushes cost cuts and strategy overhaul – report Leiters is expected to outline Porsche’s long-term strategy at a capital markets day in October 2026.
- “We want to reach an agreement with the employees before the factory holidays in July; Porsche employees need clarity”, Leiters, who took over as Porsche CEO in January, said.
- The programme, announced in mid-2025, has yet to be completed.
Porsche CEO pushes cost cuts and strategy overhaul – report Leiters is expected to outline Porsche’s long-term strategy at a capital markets day in October 2026. Credit: Drecreator / Shutterstock.com · Just Auto · Drecreator / Shutterstock.com Global Data Mon, June 22, 2026 at 6:30 PM GMT+7 2 min read P911.DE Porsche is seeking to accelerate cost reductions, conclude labour negotiations and overhaul its long-term strategy as the car maker works to recover from a prolonged slowdown.
Speaking to German newspaper Frankfurter Allgemeine Sonntagszeitung (FAS), Porsche CEO Michael Leiters said the company aims to finalise discussions with its works council on a second cost-cutting programme before factory holidays begin in July.
“We want to reach an agreement with the employees before the factory holidays in July; Porsche employees need clarity”, Leiters, who took over as Porsche CEO in January, said.