Aston Martin says it may have to lay off 600 fulltime and part-time workers if sales continue to drop and the world economic downturn continues
The British supercar maker and trade unions met yesterday to discuss what Aston Martin calls “a range of cutbacks to reflect the current downturn in the world economy and the corresponding fall in car sales.”
The carmaker says it hopes to make the cutbacks in a way that minimises the impact on workers.
“But the possibility of up to 300 permanent and a similar number of temporary job losses cannot be ruled out,” says Aston Martin boss, Dr Ulrich Bez.
“Like other premium car brands, Aston Martin has been forced to take action to respond to the unprecedented downturn in the global economy.
“These are regrettable but necessary measures in the extraordinary market conditions we all now face.
“Overall we remain confident that the Aston Martin brand is the strongest it has ever been – with dedicated design, engineering and manufacturing facilities and an award-winning product range, we remain well positioned for the upturn in the economy.”