News Details

McLaren Group to shed 1200 staff

McLaren Group will shed 1200 staff McLaren Group is set to shed 1200 staff from across its portfolio of businesses as part of a restructure in response to the COVID-19 pandemic. McLaren Group is the umbrella organisation which covers the automotive division of the business and its racing operations. 'We deeply regret the impact that this restructure will have on all our people, but especially those whose jobs may be affected,” said Paul Walsh, McLaren Group Executive Chairman. 'It is a course of action we have worked hard to avoid, having already undertaken dramatic cost-saving measures across all areas of the business. “But we now have no other choice but to reduce the size of our...
Full Story »
4y ago from SpeedCafe.com 0
Share

You May Also Be Interested In...

McLaren Group to lay off 1200 staff, including F1 team...

McLaren have confirmed that they intend to lay off 1200 members of staff,...
4y ago from FormulaSpy.com

McLaren to lay off 1200 employees amid pandemic crisis

The McLaren Group is set to part ways with 1200 members of its staff from...
4y ago from F1i.com

McLaren axes 1200 jobs in company restructure

McLaren will lay-off 1200 of its staff across its automotive,...
4y ago from GrandPrix247.com

McLaren left with "no other choice" but to...

McLaren is to make around 1,200 staff redundant across the Group due to...
4y ago from GPFans.com

Elsewhere On The Network

Popular On MGPToday.com

Jorge Martin's opening ‘four' MotoGP races with...

Aprilia targets Jorge Martin's opening four MotoGP races with the team...

Creditors approve Pierer Industrie AG restructuring...

It has been revealed that creditors have approved Pierer Industrie AG's...

Popular On IndyCarToday.com

Team Penske quickest in final IndyCar test day

The NTT IndyCar Series held its second and final preseason open test day...

IndyCar tire allocations, practice rules updated for...

IndyCar has announced multiple updates to rules regarding use of the...

Pato O’Ward fastest in first day of IndyCar...

The entire NTT IndyCar Series paddock set up shop in Sebring, Florida on...

Pit lane speed adjustments made for 2025 IndyCar season

The NTT IndyCar Series has announced a few changes for the upcoming 2025...

Popular On TotalWRC.com

Elfyn Evans wins Rally Sweden by a whisker

Super Sunday on Rally Sweden was just that! After 300km of hard racing,...

Elfyn Evans under pressure on Rally Sweden –...

Elfyn Evans and Scott Martin maintained their lead on Rally Sweden after...

Popular On GunnersToday.com

Arsenal-West Ham lineups confirmed as Mikel Arteta...

Arsenal and West Ham United confirm their starting lineups for Saturday's...
2h ago from SportsMole.co.uk

Arsenal v West Ham – live blog

Join us for live blog coverage of our Premier League clash with West Ham,...
2h ago from Arseblog.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.