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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.

8 Sept, 06:45 — 8 Sept, 12:07
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The Story

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Source Diversity

High (63/100)
5 sources33/33
Spectrum spread3/5 buckets covered17/33
Far L1
Far Left (1)
The Guardian
Left3
Left (3)
YahooBBCindex-hr
Center
Right
Far R1
Far Right (1)
zerohedge
Geographic diversity3 regions13/34
US2UK2Croatia1

Sources

Showing 4 of 5 sources
BBCHigh2h ago

'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.

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The GuardianMostly Factual2h ago

‘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

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YahooMostly Factual1h ago

Jaguar Land Rover cutting 4,000 jobs in cost-reduction drive

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zerohedgeLow6h ago

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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