Aston Martin cuts 600 jobs amid £364M loss, citing weak demand, tariffs, and declining sales.

Up to 600 workers, or about 20% of its global workforce, will be let go by Aston Martin Lagonda after the company reported a £363.9 million pre-tax loss for 2025, mostly due to a 10% U.S. a 10% reduction in wholesale sales to 5,448 units and a vehicle tariff. The job cuts, which are a part of a £40 million cost-cutting initiative, mainly affect UK-based employees in the wake of previous layoffs and reduced investment. Although it expects improved financial results in 2026, the company, which paid £50 million for the naming rights to its Formula One team, warns of ongoing uncertainty brought on by tariffs and geopolitical pressures.