Jaguar Land Rover plans to cut 4,000 jobs over two years to save £1.7bn
Jaguar Land Rover (JLR), the UK's largest carmaker and a subsidiary of India's Tata, announced on Monday it will reduce its global workforce by approximately 4,000 roles over the next two years. The cuts will mostly target salaried and management staff, primarily in the UK, while hourly-paid factory workers are largely unaffected. The company aims to save £1.7bn and lower its break-even point to 300,000 vehicles annually. JLR cited intense global competition, notably from Chinese electric vehicle makers, US tariffs, the aftermath of a cyber-attack in September 2024, and the industry-wide shift to electrification as pressures. Voluntary redundancy will be offered first, with compulsory redundancies possible. UK business secretary Jonathan Reynolds said the government would not provide financial support to prevent the job losses. JLR reaffirmed its investment plans of £15-18bn over five years.
Generated with deepseek-ai/deepseek-v4-flash-0731 (NIM)