Jaguar Land Rover confirms planned job cuts
The firm says it needs to save about £1.7bn over the next two years.
Jaguar Land Rover (JLR) has announced it is opening a voluntary redundancy programme, a year after a cyber attack that halted production for over a month. The company aims to save around £1.7bn over the next two years to adapt to changing market conditions. As many as 4,000 jobs could be lost due to tariffs and declining sales. JLR's decision to cut jobs is to simplify the organisation, improve efficiency, and build resilience.
The company informed its colleagues and trade union partners about the voluntary redundancy programme, which offers salaried and management team members the opportunity to leave the business. Unite general secretary Sharon Graham warned of a "perfect storm" hanging over the automotive industry and said discussions were held about mitigating job losses.
JLR had previously announced plans to cut £1.7bn in costs over the coming years, primarily through cuts in areas such as materials, warranty, and fixed costs.
Written by urgent.news from BBC Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
