Article 549TT Car dealer Lookers cuts 1,500 jobs and closes 12 showrooms

Car dealer Lookers cuts 1,500 jobs and closes 12 showrooms

by
Joanna Partridge
from on (#549TT)

UK firm to axe almost one-in-five jobs to help save 50m as car sales slump during Covid-19 crisis

Car dealership Lookers plans to cut 1,500 jobs and close 12 dealerships as it returns to selling and servicing vehicles after the coronavirus shutdown.

The group, which operates 164 car dealerships, says the redundancies are needed to protect the long-term future of the business and it hopes to save 50m a year from the job cuts.

Related: UK car sales slump as 2,000 workers lose their jobs in Covid-19 crisis - business live

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