section of restructuring that will involve expansion into electric vehicles,British carmaker insists production staff will not be affectedAston Martin is planning “meaningful” job cuts as section of a restructuring that will involve the British luxury carmaker expanding into electric and “crossover” sport utility vehicles.
The company’s chief executive, Andy Palmer – appointed just over a year ago – is trying to turn around the loss-making carmaker, and which saw its sales nosedive after the 2007-08 financial crisis.
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Source: theguardian.com