Aston Martin has announced it will cut 20% of its workforce in a second round of job cuts, after annual profits fell short of expectations. The British luxury carmaker cited a U.S. quota-based tariff system it described as “extremely disruptive” and “extremely subdued” demand in China as key pressures. Aston Martin carries a debt of 1.38 billion British pounds ($1.87 billion) and expects further cash outflows in 2026. The cuts are part of a broader restructuring effort to stabilize the business amid declining sales and ongoing financial strain.

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