F&I Management & Training

Luxury carmaker Bentley has said it is cutting 220 jobs and also revealed all staff will take a 10% pay cut. The Cheshire-based firm said staff salaries would be cut between April and December, including that of chief executive Dr Franz-Josef Paefgen. Bentley said it hopes to make the cuts through voluntary redundancies, but warned it would not rule out compulsory action if necessary. Bentley employs 3,800 staff in Crewe. The firm cut 200 jobs in October. Bentley is now starting a 90-day consultation with workers. A seven-week shutdown is due to come into effect in March.

DATED: 15.02.09

FEED: AW