The luxury carmaker Aston Martin Lagonda is to cut its workforce by 20% as it looks to save about £40m after reporting widening losses. The group, which said earlier this month it was consulting on the latest redundancy programme, said it would reduce its workforce by up to a fifth after action at the start of last year that cut 170 jobs. The company, majority-owned by the Canadian billionaire Lawrence Stroll, said: “Having undertaken at the start of 2025 a process to make organisational adjustments to ensure the business was appropriately resourced for its future plans, we had to take
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