U.K.’s Jaguar Land Rover Plans To Cut Nearly 10% Of Workforce Over Next Two Years
8 Articles
8 Articles
British luxury carmaker Jaguar Land Rover (JLR) plans to cut about 4,000 jobs worldwide over the next two years, Reuters reported, citing a statement from the company, which also produces cars in Slovakia.
U.K.’s Jaguar Land Rover Plans To Cut Nearly 10% Of Workforce Over Next Two Years
Britain’s Jaguar Land Rover said on Monday it would cut nearly 10% of its workforce through voluntary redundancies over the next two years, as the car industry faces heightened pressures including from Chinese competition and tariffs. The luxury carmaker, which is owned by India’s Tata Motors and has 17 sites in England, said it would cut around 4,000 jobs, targeting £1.7 billion ($2.30 billion) in savings and seeking to lower its break-even poi…
Birmingham City Council calls on Government to provide targeted support for Jaguar Land Rover
Birmingham City Council calls on Government to provide targeted support for Jaguar Land Rover - The Council has called on Government to provide targeted support for Jaguar Land Rover (JLR) and the wider automotive supply chain, following the announcement of 4,000 potential job losses.
The flagship of the British automobile is going through a zone of major turbulence. Jaguar Land Rover has just confirmed a drastic restructuring plan, marking a difficult turning point for the company and its thousands of employees, a decision that speaks volumes about the state of the sector.
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