Porsche to eliminate 5,000 jobs by 2035 under German factory deal
July 27, 2026 11:07 am, EDT A worker at the Zuffenhausen plant in Stuttgart corrects the name on a Porsche 911 ST. (Kriztian Bocci/Bloomberg) key takeaways: Porsche agreed with labor officials to eliminate 5,000 jobs through attrition, retirements and voluntary departures by 2035, avoiding mandatory layoffs. The deal comes as Volkswagen and Porsche face falling
