Porsche China on December 17 issued an official response to recent online rumors claiming that the company plans to lay off 30% of its workforce in China and has set specific compensation standards. Porsche China firmly stated that these rumors are unfounded. Earlier reports had suggested that Porsche had initiated a layoff plan for its Chinese workforce, including both regular employees and outsourced staff, and proposed compensation scheme. In response, Porsche China reiterated that the information is false. The company is working to enhance efficiency across departments and projects, optimize costs, and address the challenges posed by the industry’s rapid transformation to ensure long-term stability and growth.