UK dealership group Lookers reported a full-year loss on Wednesday due to car dealership closures during the COVID-19 pandemic and said it had started a restructuring plan, resulting in about 1,500 job cuts.
UK dealership group Lookers reported a full-year loss on Wednesday due to car dealership closures during the COVID-19 pandemic and said it had started a restructuring plan, resulting in about 1,500 job cuts.
The sweeping belt-tightening effort will involve hundreds of job cuts in the U.S. and factory consolidation in Mexico.