Ineos Automotive Cuts Jobs, Focuses on Core Activities
Update: 2025-11-18
Description
Ineos Automotive, owned by Sir Jim Ratcliffe, is cutting jobs globally, including in the UK, due to financial challenges and US tariffs. The company, with around 1700 employees, is streamlining operations to focus on manufacturing and sales, aiming to boost product quality and customer support. However, sales have dropped by 23% in the UK this year, reflecting the companys struggle in a competitive market.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
