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Aston Martin to cut 20% of workforce in effort to save £40m
UK News•February 25, 2026 at 12:37 PMNational

Aston Martin to cut 20% of workforce in effort to save £40m

By Alex Daniel and agencies•The Guardian - UK News

Details emerge after struggling carmaker reports pre-tax losses of £363.9m for 2025 The luxury carmaker Aston Martin Lagonda is to cut its workforce by 20% as it looks to save about £40m after reporting widening losses.The group, which said earlier this month it was consulting on its latest redundancy programme, said it would reduce its workforce by up to a fifth, or about 500 employees, after action at the start of last year that cut 170 jobs. Continue reading...

Details emerge after struggling carmaker reports pre-tax losses of £363.9m for 2025

The luxury carmaker Aston Martin Lagonda is to cut its workforce by 20% as it looks to save about £40m after reporting widening losses.

The group, which said earlier this month it was consulting on its latest redundancy programme, said it would reduce its workforce by up to a fifth, or about 500 employees, after action at the start of last year that cut 170 jobs.

Continue reading...

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