'JLR job cuts a cause for uncertainty and worry'
Experts say they worry it could limit the company's ability to innovate in the future.
Jaguar Land Rover (JLR) announced plans to cut 4,000 jobs over the next two years, causing concern among workers and those in the wider supply chain. Experts warn that the cuts could limit the company's ability to innovate and impact the region's skilled workforce. Prof David Bailey from Birmingham Business School expressed worry that the job cuts could hinder future development of new cars, particularly if too many research and development workers are affected.
David Roberts, chairman of Evtec Group, stated that up to 200,000 jobs could be tied to JLR, and the loss of skilled workers is difficult to replace. The company has faced falling sales, a cyber-attack that paralyzed production, competition from China, and rising energy prices while investing billions to transition to an electric future.
JLR's reinvention is expected to culminate with the unveiling of a new electric car on October 6. Local figures, including the Mayor of the West Midlands, have emphasized the importance of retaining skilled workers in the region and have called for government support to help JLR workers affected by the layoffs.
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