News Details
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...
Full Story »
Full Story »
5y ago from GPFans.com
0
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,...
5y ago from FormulaSpy.com
McLaren axes 1200 jobs in company restructure
McLaren will lay-off 1200 of its staff across its automotive,...
5y ago from GrandPrix247.com
McLaren to make 1200 staff redundant
A total of 1200 employees across the McLaren organisation are to be made...
5y ago from PlanetF1.com
McLaren Group lays-off 25% of workforce
The McLaren Group is to lay-off 25% of its workforce, around 1,200 people,...
5y ago from Pitpass.com
Elsewhere On The Network
Popular On MGPToday.com
Aleix Espargaro hospitalised after crash in Sepang...
No description available...
6h ago from Motorsport.com
Pedro Acosta says teaming up with Marc Marquez would...
No description available...
1d ago from Motorsport.com
Aprilia’s MotoGP advantage not due to special rear...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
AJ Foyt Racing adds Toby Sowery as reserve driver
No description available...
52m ago from Motorsport.com
Feature: RLL’s split fortunes in Barber highlight...
At the most recent IndyCar race from Barber Motorsports Park, Graham...
21h ago from MotorsportWeek.c...
IndyCar: A closer look at Mick Schumacher's true pace
No description available...
1d ago from Motorsport.com
Will Power's father okay after wrestling with armed...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Motorsport Week is hiring – Rally and Sportscar...
Motorsport Media Services are looking to expand its coverage, and in...
17h ago from MotorsportWeek.c...
How Takamoto Katsuta’s maiden WRC win is impacting...
No description available...
1d ago from Motorsport.com
Hyundai continues to honour Craig Breen's memory
Hyundai Shell Mobis World Rally Team will run a special livery at this...
2d ago from MotorsportWeek.c...
Hyundai unveils Craig Breen tribute livery for WRC...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Paul Merson predicts Chelsea vs Manchester City and...
Liverpool are Premier League champions, but they were terrible against...
2h ago from SportsKeeda.com
Arsenal latest: Eze returns to training but Saka among...
No description available...
5h ago from SkySports.com
300,000 passes
When Arsenal travelled to Everton in December, they took a cautious...
4h ago from Arseblog.com
‘He could be the key' – Rio Ferdinand...
The Premier League title race has reached its boiling point, and the...
7h ago from CaughtOffside.com
Comments
Hottest News
Red Bull issue official statement over Gianpiero Lambiase...
Red Bull have released an official statement... Read More »
1h ago from GPFans.com
Audi announce new F1 team principal plans after Wheatley...
It's been a rollercoaster few weeks for the Audi... Read More »
2h ago from GPFans.com
Red Bull confirms sensational F1 exit as Gianpiero Lambiase...
McLaren has confirmed Max Verstappen's race... Read More »
22m ago from MotorsportWeek.com
