Aston Martin to Cut Fifth of Jobs Amid Rising Losses
Aston Martin has announced plans to reduce its workforce by about 20% after reporting a sharp increase in annual losses, underscoring the pressures facing the luxury carmaker. The company said net losses widened by 52% last year to £493.2m, prompting a restructuring that will affect roughly 600 jobs. Aston Martin employs around 3,000 people globally,…
