Published on 26/05/2020 5:30:58 PM | Source: Reuters

Supercar maker McLaren to cut 1,200 jobs amid pandemic -Media

Posted in Top Stories| #World Market #McLaren Automotive

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel 

Download Telegram App before Joining the Channel

Surrey-based supercar maker McLaren is cutting about 1,200 jobs from its workforce as it deals with the COVID-19 pandemic, Sky News reported on Tuesday.

The job cuts equate to more than 25% of the group's workforce of just over 4,000, and will be spread across its F1, road-car and Applied Technologies operations, Sky News said.

(Reporting by Bhargav Acharya in Bengaluru; Editing by Shailesh Kuber)