Jaguar Land Rover to lay off 4,000 people due to Trump's tariffs and Chinese competition
The historic British manufacturer, owned by India's Tata, plans to carry out the cut over two years and is looking for cost savings of €2 billion.
Jaguar Land Rover (JLR) has announced plans to cut 4,000 jobs in the UK over the next two years as part of a cost-saving effort to reduce expenses by £1.7 billion. The company, owned by India's Tata, aims to make the redundancies voluntary and minimize the impact on its production plants. JLR cited intense competition, particularly from low-cost Chinese vehicles, the shift to electric cars, and US tariffs on imported vehicles as reasons for the decision.
The company plans to launch five new products in the next 12 months and invest between £15 billion and £18 billion over the next five years in electrification, digitalization, and advanced manufacturing. In its 2025-26 fiscal year, JLR reported a 21% decline in revenue to £22.9 billion and a post-tax loss of £200 million.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
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