Feb 25 (Reuters) - British luxury car maker Aston Martin will cut its workforce by up to 20%, it said on Wednesday, as it ...
The future looks precarious for the Aston Martin, which carries £1.38 billion of debt but less than £600 million of market capitalization on the London Stock Exchange.
Aston Martin announced a plan to cut up to 20% of its workforce as ongoing financial struggles and challenging market conditions affecting the luxury automaker.
Aston Martin Lagonda Global Holdings PLC (LSE:AML) told investors on Wednesday that it expects a material improvement in its ...
Problems trading with the US and China contributed to big losses and forced a brutal reset at Bond’s favorite brand ...
Aston Martin Lagonda Global (LON:AML) executives used the company’s full-year 2025 results call to outline a year shaped by geopolitical and macroeconomic disruption—particularly tariffs in the U.S. a ...
British luxury carmaker consulting on cutting 20% of workforce as revenue slumps 21% to £1.3bn, but expects material ...
The British company expects savings of around 40 million euros from the reductions, with related costs of about 15 million euros ...
It has a factory at St Athan in the Vale of Glamorgan and said job losses were necessary in the face of Donald Trump's ...
Aston Martin plans to cut up to 20% of its workforce to reduce costs amid US tariffs, weak China demand, and ongoing financial restructuring efforts.