<img src="http://www.f1technical.net/images/news/jaguar.jpg" align=left alt="Jaguar cutting its costs by dismissing 74 jobs">The fact is that the general economy isn't running quite well at the moment, which can be seen at several Formula one teams too. The team today published that 74 employees will have to leave the Jag.
The most important dismissed are chief aerodynamics Mark Handford, chief engineer Vincent Gaillardot and pruduction manager Colin McGrory, who was at the team since the very start of Stewart Grand Prix.
Further on, 20 were dismissed in the electronical sector and 20 at Cosworth Racing. More dismissals can be expected in the administrative part of the firm, but that is yet to be confirmed.
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