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McLaren Group to shed 1200 staff

McLaren Group will shed 1200 staff McLaren Group is set to shed 1200 staff from across its portfolio of businesses as part of a restructure in response to the COVID-19 pandemic. McLaren Group is the umbrella organisation which covers the automotive division of the business and its racing operations. 'We deeply regret the impact that this restructure will have on all our people, but especially those whose jobs may be affected,” said Paul Walsh, McLaren Group Executive Chairman. 'It is a course of action we have worked hard to avoid, having already undertaken dramatic cost-saving measures across all areas of the business. “But we now have no other choice but to reduce the size of our...
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