(FILES) An employee puts finishing touches on a Porsche 911 S/T car during at the "Exclusive Manufaktur" of German luxury car maker Porsche, where clients can get their vehicles customized in Stuttgart - Zuffenhausen on March 6, 2025. German luxury sports car maker Porsche, a subsidiary of the Volkswagen Group, said on July 27, 2026 it would cut 5,000 jobs by 2035 as part of a strategic realignment to boost competitiveness. The plan includes the "socially responsible reduction of a further 5,000 jobs by 2035, largely through natural attrition, demographic effects, the expansion of the special partial retirement programme and voluntary severance agreements," the company said in a statement. (Photo by SILAS STEIN / AFP via Getty Images)