Thousands of jobs to be cut at Jaguar Land Rover after slump in profits
Jaguar Land Rover is planning to cut up to 4,000 jobs over the next two years as part of a cost-saving initiative. The company faces financial pressure due to a cyber-attack, declining sales, and US import tariffs.
Why it matters
As a major UK employer, these job losses signal significant economic instability within the British automotive manufacturing sector.
A technician works on the production line at Jaguar Land Rover’s factory in Solihull. A technician works on the production line at Jaguar Land Rover’s factory in Solihull. Jaguar Land Rover Thousands of jobs to be cut at Jaguar Land Rover after slump in profits As many as 4,000 positions could go over two years after cyber-attack and US tariffs take toll
Prefer the Guardian on Google Thousands of workers at Jaguar Land Rover (JLR) will be offered redundancies after Britain’s largest car manufacturer had its revenues slashed by falling sales, a cyber-attack and Donald Trump’s tariffs.
JLR informed workers and their union on Saturday that the company would be opening a voluntary redundancy programme for salaried and management team members, the BBC and Sunday Times reported.
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