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Porsche to cut further 5,000 jobs under 2035 restructuring plan

By Benjamin Chiou

Date: Monday 27 Jul 2026

(Sharecast News) - Luxury carmaker Porsche AG is planning to cut a further 5,000 jobs by 2035 as part of a wide-ranging package designed to lower personnel costs, raise productivity and support the strategic realignment of the sports-car manufacturer.
Porsche said the measures would help finance a cumulative €2.1bn investment in...

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