McLaren is to make around 1,200 staff redundant across the Group due to the impact of the current pandemic crisis. The cuts across the company's three divisions - Racing, Automotive and Applied - are being undertaken despite the fact numerous measures had been in place to prevent such a course of action. Article continues under video A McLaren statement read: "The cancellation of motorsport events, the suspension of manufacturing and retail activities around the world and reduced demand for technology solutions have all led to a sudden impact on the group’s revenue-generating activities." The loss of the 1200 staff represents a 30% cut from its current 4000 workforce. It is...
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