"More than 100 jobs are at risk at Aston Martin's St Athan plant in the Vale of Glamorgan, as the luxury carmaker grapples with US trade tariffs and falling demand from China. The company, which began production at its Welsh site in 2019, confirmed that staff consultations are under way but said no final decision on redundancies has yet been made."
"Aston Martin recently warned that it could lose £110 million this year due to the "global macroeconomic environment." The St Athan site has already seen job cuts this year. In February, Aston Martin confirmed that 170 roles were being axed as part of a broader cost-saving drive. Production jobs are expected to be most affected in the latest round of potential cuts, along with a number of contractor positions, according to BBC Wales."
Aston Martin has begun staff consultations over proposals that could put more than 100 roles at risk at the St Athan plant in the Vale of Glamorgan. Measures could affect contractor, fixed-term and permanent roles as the company contends with US trade tariffs, falling demand from China and weaker international markets. The firm warned of a potential £110 million loss this year amid global macroeconomic challenges and has already cut 170 roles in February as part of cost-saving. Union leaders called the prospect devastating, and the Welsh government said it is ready to offer support to affected workers.
Read at Business Matters
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