McLaren Group are to cut more than one thousand jobs from its workforce of four thousand amid the coronavirus pandemic. According to a report by Sky News.
McLaren are to brief employees on the proposed cuts as it seeks to borrow up to £275m against the value of its classic car collection and spectacular company headquarters, which is based in Surrey headquarters.
The redundancies equate to more than twenty five percent of the group’s workforce of just over four thousand and will be spread across its F1, road-car and Applied Technologies operations.
