Aston Martin announced today the possibility that it will have to go to 300 permanent job cuts and a similar number of temporary job losses in order to reflect the current market condition and the fall of car sales. Aston Martin says that it had tried to minimize the effect of the crisis on its employees, but at this point the possibility of job cuts cannot be ruled out anymore.
Aston Martin Chief Executive Officer, Dr Ulrich Bez said: "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."
