Porsche shutters e-bike, battery, software subsidiaries as part of company overhaul

• 🚗 Over 500 employees will be impacted by upcoming facility closures.
• 🎯 CEO Michael Leiters stated the company must refocus on its core business to ensure a successful strategic realignment.
• 📉 These "painful cuts" involve various subsidiaries and are described as an indispensable foundation for future stability.