Aston Martin might have to lay off a Third of their workforce

Aston Martin have announced that they have started talks with their Trade Union partners in connection with cutting jobs. The British automaker has said that no decision has been made yet, they still cannot rule out the possibility of around 300 permanent and temporary job losses.

Aston Martin has employed around 1,800 people, this means that the job cutting could see around a third of their workforce being laid off.

Aston Martin Chief Executive Officer, Dr Ulrich Bez said: “Like other premium car brands, Aston Martin has been forced to take action to respond to the unprecedented downturn in the global economy. These are regrettable but necessary measures in the extraordinary market conditions we all now face.”

“Overall we remain confident that the Aston Martin brand is the strongest it has ever been – with dedicated design, engineering and manufacturing facilities and an award-winning product range, we remain well positioned for the upturn in the economy.”

- Source: Carscoop -