Jordan managing director Trevor Foster and engineering head Tim Holloway are among up to 40 employees leaving the Formula One team in a move to cut costs.
The team announced today that staff numbers would be cut by around 15 per cent, maintaining a workforce of just over 200, in a revised structure to return Jordan to a "more flexible, open style of organisation."
While Foster and Holloway left immediately, the team said in the statement that Chief Operating Officer John Putt would also be leaving "after managing the transition phase to the new management structure."
"Jordan has always been at its best when lean and efficient," commented team owner Eddie Jordan. "Once you sense complacency creeping in, or costs become exorbitant, a prudent business needs to take action.
"These changes will generate a more efficient structure at a time when our focus is on the performance and reliability of our cars," added the Irish entrepreneur.
Jordan will personally oversee sporting and commercial issues at the team while the technical side will be run by Henri Durand, the director of design and development, and race director Gary Anderson.
There was no mention of technical director Eghbal Hamidy, who has been officially 'on holiday' from the team since the start of the season.
"It's been a difficult start to the season for us but we are now regrouping for an even more vigorous assault on the remaining 13 grands prix," said Jordan.
The team has 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.