Supercar group McLaren to cut 1,200 jobs across group amid pandemic


FILE PHOTO: The logo of car manufacturer McLaren is seen at a showroom in the Glattpark district in Opfikon, Switzerland October 2, 2018. REUTERS/Arnd Wiegmann

(Reuters) - British supercar manufacturer McLaren Group, which includes the Formula One team, said on Tuesday it would cut 1,200 jobs under a proposed restructuring programme as it deals with the fallout from the COVID-19 pandemic.

The move is expected to impact jobs across the group's applied technology, automotive and racing businesses, the company said in a statement.

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