(FILES) A staff member cleans the car logo of a BMW at the International Motor Show IAA on September 8, 2025, in Munich, southern Germany. Premium carmaker BMW is to offer almost half its German staff voluntary redundancy in a bid to cut 8,000 jobs by the end of 2027, a company source told AFP on July 29, 2026. About 40,000 of BMW's roughly 85,000 permanent German employees would receive the offers from October, the source said, adding that production line workers would be spared the cuts. (Photo by Alexandra BEIER / AFP via Getty Images)

IRVINE, CALIFORNIA - JULY 28: (R-L) William Mulgrew and Luka Mijatovic stand on the podium after their first place finishes in the men's 800 meter freestyle final and men's 800 meter freestyle 18 and under final respectively on Day 1 of the Toyota National Championships at William Woollett, Jr. Aquatics Center on July 28, 2026 in Irvine, California. (Photo by Harry How/Getty Images)

IRVINE, CALIFORNIA - JULY 28: William Mulgrew reacts after a first place finish in the men's 800 meter freestyle final on Day 1 of the Toyota National Championships at William Woollett, Jr. Aquatics Center on July 28, 2026 in Irvine, California. (Photo by Harry How/Getty Images)

IRVINE, CALIFORNIA - JULY 28: William Mulgrew swims to a first place finish in the men's 800 meter freestyle final on Day 1 of the Toyota National Championships at William Woollett, Jr. Aquatics Center on July 28, 2026 in Irvine, California. (Photo by Harry How/Getty Images)

IRVINE, CALIFORNIA - JULY 28: Luka Mijatovic swims to a first place finish in the men's 800 meter freestyle 18 and under final on Day 1 of the Toyota National Championships at William Woollett, Jr. Aquatics Center on July 28, 2026 in Irvine, California. (Photo by Harry How/Getty Images)

IRVINE, CALIFORNIA - JULY 28: Kate Hurst and Sydney Schoeck celebrate their first place finishes on the podium in the women's 800 meter freestyle final and women's 800 meter freestyle 18 and under final respectively on Day 1 of the Toyota National Championships at William Woollett, Jr. Aquatics Center on July 28, 2026 in Irvine, California. (Photo by Harry How/Getty Images)

IRVINE, CALIFORNIA - JULY 28: Kate Hurst swims to a first place finish in the women's 800 meter freestyle final on Day 1 of the Toyota National Championships at William Woollett, Jr. Aquatics Center on July 28, 2026 in Irvine, California. (Photo by Harry How/Getty Images)

IRVINE, CALIFORNIA - JULY 28: Kate Hurst swims to a first place finish in the women's 800 meter freestyle final on Day 1 of the Toyota National Championships at William Woollett, Jr. Aquatics Center on July 28, 2026 in Irvine, California. (Photo by Harry How/Getty Images)