The luxury car maker has confirmed plans to cut up to 20% of its global workforce, putting nearly 600 roles at risk, after reporting sharply widened annual losses.
The company, which employs around 2,800 staff worldwide, said the latest redundancy programme follows 170 job cuts announced at the start of last year.
Most of the reductions are expected to fall in the United Kingdom, where the majority of its workforce is based.
Cost-cutting drive
Aston Martin’s plan to cut around £40 million in costs reflects a proactive approach to market challenges, demonstrating its commitment to financial stability and reassuring stakeholders of ongoing efforts to adapt and improve.
Employees were informed of the planned cuts at the end of last year, affecting roles across the business, including factory positions. This highlights the company’s awareness of the challenges its staff face and its commitment to managing change responsibly, aiming to support those affected by this transition.
The firm is headquartered in Gaydon, with a major production facility in St Athan, as well as international offices and dealerships.
Annual results show that pre-tax losses surged to £363.9 million in 2025, up from £289.1 million the previous year, underscoring the significant financial difficulties the company and its stakeholders face.
The decline in sales is driven by declining global demand, US import tariffs, and lower-than-expected sales volumes, reflecting broader market pressures that are impacting the company’s performance.
Total wholesale sales dropped 10% to 5,448 vehicles in 2025.
Aston Martin said: “Having undertaken at the start of 2025 a process to make organisational adjustments to ensure the business was appropriately resourced for its future plans, we had to take the difficult decision at the end of 2025 to implement further changes.
“This latest programme will ultimately see the departure of up to 20% of our valued workforce.”
