Jordan Announce Major Reshuffle

The Jordan Grand Prix team have announced the finalisation of a major reshuffle that will lead to a reduction of around 15 percent of their staff this year.

Jordan, who are yet to score a point this season, announced that joint managing director Trevor Foster and head of engineering Tim Holloway are leaving the team with immediate effect, while chief operating officer John Putt will depart after managing the transition phase to the new management structure.

"I would like to thank John, Trevor and Tim for everything they achieved with us," said team boss Eddie Jordan. "It has been a difficult start to the season for us but we are now regrouping for an even more vigourous assault on the remaining 13 Grands Prix, and I would like to thank all our personnel for their hard work and continued commitment."

The team said that they had spent the last six months putting together the revised structure, aimed at "reducing costs which have escalated following a period of unprecedented growth."

Irishman Jordan will personally oversee sporting and commercial issues, while the technical side of the team will be run by director of design and development Henri Durand and director of race and test engineering Gary Anderson.

"Jordan has always been at its best when lean and efficient," added Jordan. "Once you sense complacency creeping in, or costs becoming exorbitant, a prudent business needs to take action.

"We have an incredible group of people at Jordan who work tirelessly to achieve on track success. These changes will generate a more efficient structure at a time when our focus is on the performance and reliability of our cars."

There was no mention of technical director Eghbal Hamidy, who has been officially 'on holiday' from the team since the start of the season.

The team have yet to score a point in four races while sponsorship money is also tight in a difficult economic climate. Jordan's title sponsor Benson and Hedges was replaced by Deutsche Post-owned DHL this season.