World Media

Jaguar Land Rover to cut 4,500 jobs under cost-saving plans

Jaguar Land Rover to cut 4,500 jobs under cost-saving plans

Vehicle giant Jaguar Land Rover will announce up to 5,000 job cuts later on Thursday, according to reports.

The British company, which employs 44,000 in the United Kingdom and cut 1,000 temporary contract workers at its plant in Solihull previous year, has been hit by poor sales in China and a drop in demand for diesel cars.

Mr Quinn said Unite will scrutinise the business case for JLR's job cuts, and the union expects any United Kingdom redundancies to be voluntary.

In October previous year, the auto giant unveiled a £2.5 billion turnaround plan that included cost cutting after Brexit uncertainty and slowing demand in China left it nursing a hefty second-quarter loss.

Commenting on the development, Ralf Speth, Chief Executive Officer of Jaguar Land Rover, said: "We are taking decisive action to help deliver long-term growth, in the face of multiple geopolitical and regulatory disruptions as well as technology challenges facing the automotive industry". Volkswagen has said it will see an unspecified number of job reductions as it changes three plants in Germany to production of electric vehicles, but assures there will be no involuntary departures before 2028.

The anticipated announcement of job losses on Thursday is not the first time the company has made cutbacks in recent years.

The restructuring was announced on the same day that Ford said it would cut thousands of jobs in Europe. However, Ford's European president, Steven Armstrong, refused to guarantee there would be no redundancies at the carmaker's Dagenham and Bridgend engine plants.

Scientists detect mysterious radio signals in space
The repeating FRB detected this past summer by CHIME is only the second one of its kind ever recorded, following one that was detected in 2012.

In the United Kingdom, "continuing uncertainty related to Brexit" has been blamed. "If Brexit went in the wrong direction we would have to have another look, to mitigate that", Armstrong said.

As well as its United Kingdom manufacturing centres, JLR also has facilities in Brazil, Austria, Slovakia, India and China. The company has said that move will cost 1,200 jobs.

The shadow business secretary, Rebecca Long-Bailey, called on the government to end the uncertainty around Britain's departure from the EU.

"The next chapter in the story of Jaguar and Land Rover brands will be most exciting and challenging in our history", said Dr. Speth.

"Particularly concerning to the Black Country Chamber is the effect that these job losses will have on the wider supply chain". The looming threat of a disastrous no-deal Brexit is already having a real impact on jobs. The European Union has set lower limits for vehicle carbon dioxide emissions from 2021 that are pushing carmakers to include more electric vehicles in their future sales mix. It didn't say which models it would drop, but Armstrong said the profitable parts of the business were its SUVs and commercial vehicles.

This means nearly one in eight United Kingdom workers will lose their jobs at the luxury carmaker, which employs 44,000 workers across the country, including around 1,800 people at its engine plant at the i54 in Wolverhampton.