McLaren Group to cut 1200 jobs
Supercar manufacturer and historic Formula 1 competitor McLaren is expected to cut 1200 jobs, according to UK news reports. The redundancies, which amount to more than a quarter of its 4,000-strong workforce, represent the UK company’s response to the damage inflicted by the coronavirus pandemic on the car sector. Staff reductions are expected to be spread across its road car, F1 and Applied Technologies divisions.