Crisis-hit car brand is ‘plotting to kill off its first EV by 2030’ – after confirming 5,000 job cuts

What this means for your job search: The significant job cuts at a major automotive brand signal a tightening tech job market, particularly within the automotive sector and related EV development. Candidates should anticipate increased competition and be prepared to demonstrate adaptability and skills that align with strategic shifts and cost-efficiency. AN iconic car brand is reportedly planning to axe its flagship EV by the end of 2030. Bosses of the crisis-hit manufacturer are also said to have considered stopping production immediately. Sources have said production of the Porsche Taycan will be halted by the end of the decade. The Taycan, which has a top speed...