Jaguar Land Rover has confirmed plans to cut around 4,000 UK jobs over two years through a voluntary redundancy programme aimed at saving £1.7bn. The carmaker cited falling sales, Chinese competition, US tariffs and the fallout from a major cyber-attack. A UK minister has ruled out a taxpayer bailout and is due to meet JLR leaders and union officials.
BBC News – Business Decision by carmaker, which is battling Trump tariffs and fallout from cyber-attack, labelled a ‘body blow for workers’ Business live – latest updates Jaguar Land Rover has announced thousands of job cuts in a “body blow for workers” as it grapples with tough trading conditions, Donald Trump’s tariff wars and the fallout from a cyber-attack. Britain’s largest carmaker, which is owned by the Indian conglomerate Tata,…
Carmaker, which is battling Trump tariffs and Chinese competitors, faces talks with union leaders and government The government has signalled that it will not invest taxpayers’ money to limit job losses at Jaguar Land Rover (JLR), after it emerged that the UK’s biggest carmaker is planning up to 4,000 redundancies . Before crunch talks on Tuesday between JLR, union leaders and government officials, the business secr…
BBC News – Business Job cuts come as JLR faces falling sales and intense Chinese competition while trying to switch to electric vehicles.
BBC News – Business The cuts come as the carmaker struggles with Chinese competition, US tariffs, and the transition to electric vehicles.
Carmaker, which is battling Trump tariffs and fallout from cyber-attack, wants to reduce 34,000-strong UK workforce Business live – latest updates Jaguar Land Rover has announced thousands of job cuts as it grapples with tough conditions in the car market, Donald Trump’s tariff wars and the fallout from a cyber-attack. Britain’s largest carmaker, which is owned by the Indian conglomerate Tata, on Monday confirmed th…
Sky News – UK BBC News – Business The company is struggling with the impact of tariffs as well as the fallout from a major cyber attack last year.
Sky News – UK Jaguar Land Rover (JLR) has launched a voluntary redundancy programme in a bid to save £1.7bn over the next two years.
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