Aston Martin sheds 5% of staff as losses rise

Aston Martin’s pre-tax losses rose by 48.7% to $322 million in 2024 The automaker is cutting 170 staff, representing about 5% of its workforce Aston Martin’s CEO expects a turnaround in 2025 Aston Martin has faced bankruptcy seven times in its 112-year history, and in its current form, the company remains far from financially stable. On Thursday…Aston Martin’s pre-tax losses rose by 48.7% to $322 million in 2024 The automaker is cutting 170 staff, representing about 5% of its workforce Aston Martin’s CEO expects a turnaround in 2025 Aston Martin has faced bankruptcy seven times in its 112-year history, and in its current form, the company remains far from financially stable. On Thursday…