British supercar manufacturer McLaren is set to create 1,000 jobs in the UK. This expansion is part of a £450m investment in its technology centre located in Woking, near its vehicle manufacturing plant.
The new positions will encompass indirect and agency workers. McLaren, which recently merged with premium UK electric vehicle startup Forseven Holdings, currently has a workforce of 2,500 staff.
This announcement follows Jaguar Land Rover's confirmation of plans to cut 4,000 jobs over the next two years, primarily affecting salaried and management workers among its 26,000 UK employees.
Last year, CYVN Holdings, an Abu Dhabi government-owned investment company, acquired McLaren's automotive business. CYVN has stated intentions to invest $2bn (£1.4bn) over the next five years to support the group.