Dr. Ing. h.c. F. Porsche AG, usually shortened to Porsche, is a German automobile manufacturer specializing in luxury, high-performance sports cars, SUVs and sedans, headquartered in Stuttgart, Baden-Württemberg, Germany. From Wikipedia
The automaker plans 3,900 job reductions by 2029, absorbing €1.3 billion in 2025 costs to stabilize finances and adapt its product strategy.