McLaren (Image: Shutterstock)McLaren Appoints Ashurst For Major Coronavirus Restructure
The iconic sportscar maker is set to shed 1,200 jobs across a number of business sectors citing coronavirus and the incoming Formula 1 cost cap.
May 27, 2020 at 05:24 AM
2 minute read
Luxury carmaker McLaren has turned to U.K. law firm Ashurst to assist with a major corporate restructure programme which includes 1,200 job losses.
The Ashurst team is being led by corporate partner Rob Aird with assistance from employment partner Crowley Woodford.
Ashurst took over as lead adviser to McLaren last year, a role previously held by Norton Rose Fulbright.
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