Supercar group McLaren to cut 1,200 jobs amid coronavirus pandemic

Supercar group McLaren to cut 1,200 jobs amid coronavirus pandemic

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The move is expected to impact jobs across the group's applied technology, automotive and racing businesses, the company said in a statement. The cancellation of motorsport events, the suspension of manufacturing and retail activities around the world and reduced demand for technology solutions have hurt the group's revenue generating activities, the company added. The job cuts represent more than a quarter of the group's workforce of just over 4,000, according to Sky News, which first reporte

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Supercar group McLaren to cut 1,200 jobs amid coronavirus pandemic originally appeared on Autoblog on Tue, 26 May 2020 10:47:00 EDT. Please see our terms for use of feeds.

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