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SEAT is going to pull out of the World Touring Car Championship ahead of the 2010 season according to the second largest newspaper in Spain, El Mundo. This is one step in a bigger cutback within SEAT.
"We need committed workers to maximize the profit of SEAT," said James Muir, chairman of SEAT.
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SEAT is going to lay off a total of 350 staff members. 50 of those work within SEAT Sport, which will be closed down.
Some of the SEAT Sport employees are going to stay with the Spanish manufacturer and be assigned to other areas.
The 350 staff members represent 3% of the total SEAT workforce of 13000.
Source | TouringCarTimes