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.