One in five Porsche workers to lose their jobs as car marker cuts another 5,000 roles

PORSCHE is set to cut 5,000 jobs by 2035 in a bid to boost competitiveness.  The German car maker has seen profits fall due to plunging sales in China, which has experienced an electric car boom, US tariffs and a pause on its move to electric cars. The company said it will reduce “a further...