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CORONAVIRUS CASUALTIES (Feb 28):- GLOBAL:- Total Cases: 11,44,64,297; Total Deaths: 25,39,067 Recovered: 9,00,08,036 BELGIUM:- Total Cases: 7,69,414; Total Deaths: 22,052 BRAZIL:- Total Cases: 1,05,17,232; Total deaths: 2,54,263 CANADA:- Total Cases: 8,64,196; Total Deaths: 21,960 CHINA:- Total Cases: 89,893 ; Total Deaths: 4,636 FRANCE:- Total Cases: 37,36,016; Total Deaths: 86,332 GERMANY:- Total Cases: 24,44,177 Total Deaths: 70,589 INDIA:- Total Cases: 1,10,96,731; Total Deaths: 1,57,087 INDONESIA:- Total Cases: 13,34,634; Total Deaths: 36,166 IRAN:- Total Cases: 16,31,169; Total Deaths: 60,073 ITALY:- Total Cases: 29,07,825; Total Deaths: 97,507 JAPAN:- Total Cases: 4,30,539; Total Deaths: 7,807 MEXICO:-Total Cases: 20,84,128; Total Deaths: 1,85,257 NETHERLANDS:- Total Cases: 10,84,021; Total Deaths: 15,543 PHILIPPINES:- Total Cases: 5,76,352; Total Deaths: 12,318 RUSSIA:- Total Cases: 42,46,079; Total Deaths: 86,122 S KOREA:- Total Cases: 89,676; Total Deaths: 1,603 SPAIN:-Total Cases: 31,88,553; Total Deaths: 69,142 SWEDEN:- Total Cases: 6,57,309 Total Deaths: 12,826 SWITZERLAND:-Total Cases: 5,54,932; Total Deaths: 9,966 UAE:- Total Cases: 3,91,524; Total Deaths: 1,221 UK:- Total Cases: 41,70,519; Total Deaths: 1,22,705; US:- Total Cases: 2,92,02,824; Total Deaths: 5,24,669 - India Travel Times.Com   [Estd: 1998]       * * *    Travel, More Travel, Travel Means A Million Things     * * *    
Formula One carmaker McLaren cuts 1,200 jobs, says it regrets

Smarting under a terrible corona impact, the world economy has come to a standstill. Formula One carmaker McLaren is no exception. It is a question of survival for most manufacturers. “It (cutting jobs) is a course of action we have worked hard to avoid," said Paul Walsh, McLaren's chairman.

LONDON, May 29: Following rigorous restrictions on movements like social distancing and lockdown to combat the coronavirus epidemic sweeping the world killing lakhs of people, the world economy plummeting like in the Great Depression of the 30s. The automobile industry bore the brunt of the slowdown, in March and April most manufacturers selling not even a single vehicle.

Several companies like cab aggregators Uber and Ola have furloughed several hundreds of employees. The McLaren Group has laid off around one-fourth of its strength of 4,000 across allied operations. They are cutting 1,200 jobs.

McLaren, the Formula One team owner and super car maker, has stated that cancellation of motor events and suspension of manufacture has impacted business sustainability.

“We deeply regret the impact that this restructure will have on all our people, but especially those whose jobs may be affected,” said Paul Walsh, the executive chairman of McLaren Group.

“It is a course of action we have worked hard to avoid, having already undertaken dramatic cost-saving measures across all areas of the business. But we now have no other choice but to reduce the size of our workforce,.” Walsh said.

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