The McLaren Group, was forced to lay off twelve hundred of the total of four thousand jobs, reported in the British firm on Tuesday. As McLaren points out, at the coronacrisis as well as the planned introduction of a kostenplafond in the “Formula 1”.
the new measure will have a lot of Formula 1 teams, with headcount, including McLaren Racing. In addition, selling a company, McLaren Automotive, due to the coronacrisis fewer cars.
The job cuts will be spread across all of the divisions of the McLaren Group, which also onderdelenbouwer McLaren is Applied.
“We have tried to avoid that due to substantial costs from our business to cut it, but, unfortunately, at this moment, we have no other way of escape than to a reduction in our workforce,” said ceo Paul Walsh.
In march, a promise to the shareholders that under the leadership of the state fund of saudi arabia, 300 million pounds ($337 million) in the company, globally.
Through the issuance of the bonds in hopes that McLaren will have more money to pick it up. The company, however, the collection of historic Formula 1 cars, as collateral to use against it become one of the a lot of shareholders.