Jaguar Land Rover job cuts announced amidst falling sales
Jaguar Land Rover job cuts have been announced after the company reported a significant fall in sales in the second quarter of the year.
The Tata-owned vehicle manufacturer will reduce its UK workforce by 500 after it reported that sales decreased by 15.1% in the three months from April to June.
It attributed this partly to a pause in exports to the US after new tariffs were announced by President Trump. Shipments were restarted when the UK and US agreed a trade deal to reduce tariffs imposed on cars and car parts.
The 500 job cuts equate to 1.5% of the company’s UK workforce. They will target management positions, with JLR introducing a voluntary management scheme to reduce its workforce.
A spokesperson for Jaguar Land Rover said:
“As part of normal business practice, we regularly offer eligible employees the opportunity to leave JLR through limited voluntary redundancy programmes.”
