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Aston Martin to shed up to 500 jobs in bid to cut costs

Thu, 04th Jun 2020 07:21

LONDON, June 4 (Reuters) - British luxury carmaker Aston
Martin said on Thursday it plans to shed up to 500 jobs
as it seeks to bring its cost base into line with reduced sports
car production levels.

It said the job losses reflected lower than originally
planned production volumes and improved productivity across the
business. An employee and trade union consultation process will
be launched in the coming days.
(Reporting by James Davey; editing by Kate Holton)

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