Jaguar Land Rover confirms plan to cut 4,000 jobs over two years
Carmaker, which is battling Trump tariffs and fallout from cyber-attack, also wants to reduce 34,000-strong UK workforce
TL;DR
- Jaguar Land Rover (JLR) will reduce its global workforce by about 4,000 roles over the next two years.
- The cuts are part of a plan to save £1.7 billion and strengthen the company's competitiveness.
- The job losses will mainly impact salaried and management employees in the UK, not hourly factory workers.
- JLR is grappling with tough trading conditions, U.S. tariffs, and the financial fallout from a cyber-attack.
- The company is undertaking a product overhaul, including launching electric vehicles, and considering overseas manufacturing to mitigate trade tariffs.