Major car dealership with 70 UK sites is ‘planning to cut hundreds of jobs across the country’ in need to reduce costs
HUNDREDS of Brits are set to lose their jobs as a car dealership powerhouse plans to cut staff by 10 per cent.
The news comes as they admitted to "challenges" to UK operations and will now look to shift off current staff members for good.
Car dealership Group 1 Automotive, which owns more than 70 car dealerships in the UK said the cuts will come into play within months.
The business said on Wednesday that it plans to reduce its UK headcount by around 10 per cent in the first quarter of this year - which would have an impact on around 300 people.
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It's the last thing Brits want to hear during the current cost of living crisis while they struggle to keep up with rising bills on their every-day needs.
Just a few months ago struggling Metro Bank announced that they plan to cut 20 per cent of their 4,000 strong UK workforce as part of a new cost-cutting plan.
And, other companies have been forced to shut specific branches, shoppers were saddened to see a branch of Zara close in Telford on Jan 26.
While outdoor clothes shop Trespass pulled down the shutters at its outlet in Blackburn, Lancashire.