British luxury car maker Aston Martin cuts jobs by 20% as U.S. tariffs hit

Aston Martin to shed a fifth of its workforce

It has a factory at St Athan in the Vale of Glamorgan and said job losses were necessary in the face of Donald Trump's tariffs

Aston Martin slashes staff as US tariffs hit carmakers

British luxury carmaker Aston Martin Lagonda on Wednesday announced plans to cut up to 20 percent of its workforce after widening annual losses on US tariffs and weak Chinese demand.

Aston Martin axing up to a fifth of workers as losses widen

The luxury car maker said it would reduce its 2,800-strong global workforce by up to 20%, after 170 jobs were cut at the start of last year.

Aston Martin cuts jobs by 20% as US tariffs hit

British luxury car maker Aston Martin will cut its workforce by up to 20%, it said on Wednesday, as it strives to recover from the impact of U.S. import tariffs and weak demand in China.

Troubled Supercar Maker Aston Martin Sheds 20% Of Workforce

The future looks precarious for the Aston Martin, which carries £1.38 billion of debt but less than £600 million of market capitalization on the London Stock Exchange.

Aston Martin Predicts More Cash Pain in 2026 After US Tariff Hit

Aston Martin Lagonda Global Holdings Plc will cut as much as a fifth of its roughly 3,000 workforce, as US President Donald Trump’s tariffs complicate a turnaround at the luxury-car maker.