German carmaker Porsche to cut 5,000 jobs by 2035

German luxury carmaker Porsche plans to cut 5,000 jobs by 2035 through attrition and voluntary agreements, aiming to boost competitiveness amid slowing EV

The Briefing Africa

July 27, 2026 · 17:15 · 5 min read

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German luxury carmaker Porsche plans to cut 5,000 jobs by 2035 through attrition and voluntary agreements, aiming to boost competitiveness amid slowing EV

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German carmaker Porsche to cut 5,000 jobs by 2035