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The Independent UK
The Independent UK
National
Holly Williams

Luxury car manufacturer set to cut 275 roles amid profit struggle

  • Luxury car manufacturer Bentley plans to cut approximately 275 roles, representing about 6 per cent of its 4,600-strong workforce, as part of an "organisational adjustment" to make savings.
  • The job losses will primarily affect management, agency, and non-manufacturing employees across various departments.
  • Bentley's decision follows a 42 per cent drop in annual operating profits to 216 million euros (£186.6 million), attributed to a challenging global market, higher costs from parent company Volkswagen, and US tariffs.
  • The GMB trade union stated that 150 jobs at Bentley's Crewe plant would be impacted, expressing shock and attributing some difficulties to US tariffs and the Covid lockdown.
  • The announcement comes after luxury car maker Aston Martin Lagonda also revealed plans to cut nearly 600 jobs, or up to 20 per cent of its global workforce, to reduce costs.

IN FULL

Bentley to axe hundreds of UK jobs as profits dip

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