Economics
Porsche to Increase Workforce 24% Amid Growth Push Abroad
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Porsche, the maker of the 911 sports car, plans to increase headcount by about 24 percent to underpin its growth ambitions.
The Volkswagen AG unit will hire about 1,000 employees annually over the next five years, primarily outside its home market of Germany, Thomas Edig, Porsche’s head of personnel, said at a press conference today. The workforce totaled 21,100 people worldwide at the end of May.