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Aston Martin will cut 20% of its workforce after losing A$930 million in 2025

Aston Martin continues to lose money, with the company reporting a loss of 493 million pounds (A$934 million) for 2025 due to “escalating geopolitical uncertainties and macroeconomic challenges”, including rising tariffs in the US and China.

This follows a net loss of £323.5 million (A$613 million) in 2024. In fact, the company has reported losses since at least 2019, when it changed its accounting method.

From 2019 to date, the automaker has accumulated 2,288.4 pounds 2.29 billion (A$4.3 billion) in the red.

In response to the ongoing losses, the carmaker said it would cut “up to 20 percent of our estimated workforce” to cut annual spending by 40 million pounds (A$76 million). The majority of job cuts are expected to take place this year and will occur across all areas of the company.

The company currently employs around 3,000 people worldwide, most of them in the UK. Aston Martin’s headquarters are in Gaydon, Warwickshire, and the car manufacturer has three production sites: Gaydon, Newport Pagnell and St Albans in Wales.

In early 2025, the company launched a review of its future product roadmap in response to ongoing economic uncertainty and changing electrification regulations. Delaying investment in electric vehicles reduced the five-year investment plan by £300m to £1.7bn.

Aston Martin CEO Adrian Hallmark tried to keep things positive, expecting the automaker to “deliver a material improvement in financial performance” in 2026. Black ink appears to be a while away, as the CEO can only say that the automaker will “deliver profitability and positive free cash flow generation in the coming years.”

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