Jim Ratcliffe’s Ineos Car Venture Cuts ‘Several Hundred’ Staff

Ineos Automotive Ltd., the car business launched by UK billionaire industrialist Jim Ratcliffe, is cutting “several hundred” jobs as the loss-making venture grapples with higher US tariffs.

By Jamie Nimmo · Bloomberg

Ineos Automotive Ltd., the car business launched by UK billionaire industrialist Jim Ratcliffe, is cutting “several hundred” jobs as the loss-making venture grapples with higher US tariffs.