Article 73TG0 Aston Martin to cut 20% of workforce in effort to save £40m

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

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Guardian staff and agencies
from World news | The Guardian on (#73TG0)

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 the latest redundancy programme, said it would reduce its workforce by up to a fifth after action at the start of last year that cut 170 jobs.

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