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Porsche Reportedly Shifts to Annual Production of 200,000 Vehicles, Eight-Cylinder Flagship S1 Project Emerges
Porsche's Sportwagenschmiede 2035 transformation news points to lower production and high-end models; the internal code-named S1 eight-cylinder flagship and estimated price of about 500,000 euros remain in the planning and reporting estimation stage, not yet official mass-production specifications.
VW's 50,000 Layoffs Confirmed: 'Future Plan 2030' Puts European Plants and Seat's Future on the Chopping Block
The Volkswagen Group's executive board has approved its "Future Plan 2030" transformation program, confirming 50,000 job cuts and a 50% reduction in model lineup. The fate of four German plants will be decided by June 2027, while reports suggest the Seat brand may be headed for the end of the road.
Apple Cuts Over 200 Jobs, Vision Pro Games and Immersive Video Teams Hit Hardest
Apple has reportedly laid off around 200 employees across its Vision Pro and Siri software teams, shifting its focus toward smart glasses and next-gen AI technology, with the high cost of producing Vision Pro immersive content seen as a major factor.
Oxenfree's Home Is Gone: Netflix Shuts Down Two Game Studios, Pivots Hard Into TV Party Games
Netflix has shut down Night School Studio, developer of the Oxenfree series, along with Helsinki-based studio Moonloot Games, while also cutting the only accessibility design role on its games team — shrinking its gaming footprint yet again.