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Porsche to Wind Down Cellforce, Putting About 200 Jobs at Risk

The retrenchment follows failed efforts to scale the state‑subsidized battery venture and reach a rescue deal with new investors.

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Overview

  • A mass‑layoff notice was filed with the Reutlingen employment agency, according to multiple reports, as Porsche moves to largely unwind Cellforce.
  • Roughly 200 of about 286 positions are threatened, with only a small research unit of around 80 employees expected to remain in Kirchentellinsfurt.
  • Talks with potential backers, including BMW emissaries as well as Northvolt, VW’s PowerCo and defense‑sector firms, did not produce a transaction.
  • The project received about €60 million in pledged public support, and local leaders and the IHK have appealed to Chancellor Friedrich Merz and Economy Minister Katharina Reiche; potential subsidy clawbacks are being discussed.
  • Porsche has recorded roughly €295 million in write‑downs tied to Cellforce assets, staff have been called to a Monday meeting with development chief Michael Steiner, and the company declined to comment on the reports.