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Business

Porsche Closes Three Subsidiaries, With The Loss of 500 Jobs as Turnaround Efforts Continue

TWSJ·1d ago·3 min read
Photograph via The Wall Street Journal
RSS SUMMARY · AGGREGATED FROM TWSJ

The sports-car maker is doubling down on its strategic turnaround efforts by shedding further non-core assets, as its new chief looks to streamline the automaker and boost profit.

The sports-car maker is doubling down on its strategic turnaround efforts by shedding further non-core assets, as its new chief looks to streamline the automaker and boost profit.

The sports-car maker is doubling down on its strategic turnaround efforts by shedding further non-core assets, as its new chief looks to streamline the automaker and boost profit.

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