Supercar group McLaren to cut 1,200 jobs across group amid pandemic

(Reuters) - British supercar manufacturer McLaren Group, which includes the Formula One team, said on Tuesday it would cut 1,200 jobs under a proposed restructuring programme as it deals with the fallout from the COVID-19 pandemic.The move is expected to impact jobs across the group's applied technology, automotive and racing businesses, the company said in a statement.The cancellation of motorsport events, the suspension of manufacturing and retail activities around the world and reduced demand..