Jaguar Land Rover to Cut 4,000 Jobs in Cost-Reduction Drive
Jaguar Land Rover announced plans to eliminate 4,000 jobs as part of a cost-cutting initiative, aiming to save £2 billion, amid concerns from suppliers.
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'JLR job cuts a cause for uncertainty and worry'
Experts say they worry it could limit the company's ability to innovate in the future.
Read full article →‘Everything is against us’: Jaguar Land Rover suppliers voice fears amid carmaker’s cutbacks
Firms warn of impact of company’s decision to to axe 4,000 jobs and call for government to support sector Jaguar Land Rover confirms plan to cut 4,000 jobs David Roberts is not in an optimistic mood. The chair of Coventry-based Evtec may preside over a business with 900 highly skilled employees, multiple sites and precision machinery, but the outlook for the manufacturer appears tricky. “Everything is against us,” he says. Evtec is a “tier one” supplier to Jaguar Land Rover, also headquarte...
By Neha Gohil Midlands correspondent
Read full article →Jaguar Land Rover cutting 4,000 jobs in cost-reduction drive
Read full article →Europe's Auto Bloodbath Deepens: Jaguar Land Rover To Axe 4,000 Jobs After VW Targets 50,000 More Job Cuts
Europe's Auto Bloodbath Deepens: Jaguar Land Rover To Axe 4,000 Jobs After VW Targets 50,000 More Job Cuts Europe's industrial base faces yet another setback, with Bloomberg reporting that Jaguar Land Rover plans to cut 4,000 jobs over the next two years. Britain's largest carmaker is confronting intensifying Chinese competition and adding to the broadening wave of planned and ongoing layoffs across European automakers. The job cuts represent about 10% of Jaguar Land Rover's glo...
By Tyler Durden
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