two weeks ago, McLaren had announced that he was trying to raise funds in a context of financial difficulties due to the pandemic of Covid-19, the company has now combined these measures with significant cost reductions.

“This is a line that we wanted to avoid as much as possible, having already taken drastic measures to reduce costs in all areas of the business,” said Paul Walsh, the executive chairman of the McLaren group. “But we don’t have now other choice than to reduce the size of our workforce”.