Porsche is at the center of a scandal over high wages amid a collapse in profits

A corporate scandal has erupted around Porsche after the company revealed its full internal pay scale for the first time. This happened at the request of a shareholder at the annual meeting – investors demanded transparency amid a precipitous drop in profits by 92.7%, Carscoops reports.

According to published data, almost 40% of Porsche employees (9,082 out of 23,000) earned more than €100,000 in 2025, almost double the German average salary. Three employees earned more than €1 million per year.

A scandalous resonance was also caused by the fact that former financial director Lutz Meschke, who left the company, received a severance pay of over 11.6 million euros, while management is demanding wage cuts from factory workers under the threat of moving production to Slovakia.

Particularly infuriating was the contrast: while top managers are receiving millions, the company is considering cutting up to 7,000 jobs. By comparison, the CEOs of BMW and Mercedes-Benz earn 4 times more, but their companies are not in such deep crisis.

The scandal put Porsche in an extremely awkward position in front of society and its own employees, exposing social inequality within the company amid financial problems.

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