Aston Martin’s 5% Shake‑up: 170 Jobs Gone, 25 Million Pound Savings
Why the Buzz?
Like a luxury sports‑car that’s had to trim the ballast, Aston Martin is cutting 5% of its workforce this year. That means about 170 roles will be made redundant as the brand presses on amid widening losses.
Executive Sound‑Bite
CEO Michel Ghozza told the press that the move is “a difficult but necessary action.” He added that the company will “ensure the organisation is appropriately resourced for its future plans.”
What the Numbers Say
- Targeted £25 million in cost savings.
- Cutting just under one‑tenth of a decade’s profits.
- More employees than a small resort club will be told to leave.
Next Steps for Car Lovers
If you’re still in love with their hand‑crafted models, keep an eye on forthcoming models—Aston intends to stay on the fast‑lane with new, streamlined vehicles while trimming its own internal team.
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