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McLaren left with "no other choice" but to axe 1200 staff
McLaren is to make around 1,200 staff redundant across the Group due to the impact of the current pandemic crisis. The cuts across the company's three divisions - Racing, Automotive and Applied - are being undertaken despite the fact numerous measures had been in place to prevent such a course of action. Article continues under video A McLaren statement read: "The cancellation of motorsport events, the suspension of manufacturing and retail activities around the world and reduced demand for technology solutions have all led to a sudden impact on the group’s revenue-generating activities." The loss of the 1200 staff represents a 30% cut from its current 4000 workforce. It is...
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