Jaguar Land Rover to make 'substantial' job cuts

  • Jaguar Land Rover to make 'substantial' job cuts

Jaguar Land Rover to make 'substantial' job cuts

The Tata Motors-owned company has unveiled plans to cut costs and improve cash flows by 2.5 billion pounds including "reducing employment costs and employment levels".

There will also be a new battery assembly centre at Hams Hall, described as one of the largest of its kind in the United Kingdom, using new production techniques and technologies to produce battery packs and modules for future Jaguar and Land Rover models.

At the time, it did not say how many jobs would be lost, although the Financial Times reported in December up to 5,000 jobs could go.

The luxury carmaker employs 44,000 workers in the United Kingdom at sites in Halewood on Merseyside and Solihull, Castle Bromwich and Wolverhampton in the West Midlands. The company builds a higher proportion of its cars in Britain than any other major or medium-sized automaker and has spent millions of pounds preparing for Brexit, in case there are tariffs or customs checks between the United Kingdom and Europe.

The update from JLR came after figures earlier this week revealed that.

Black Country Chamber of Commerce chief executive, Corin Crane, said that the Government must act to stop the cuts affecting supply chains across the region.

Speaking ahead of JLR's confirmation, he said: "Given the hard landscape that the automotive industry faces, we were braced for this sort of news". The company has said that move will cost 1,200 jobs.

"This is not about making the business today more efficient but completely redesigning it", Ford's European president Steve Armstrong told the FT.

The company said it remains fully committed to the Chinese market and added it has long-term confidence in the Chinese market.

New all-electric vehicles will be offered for all Ford models, while there will be a more "targeted" line-up of models in the future.

He said the announcement was not directly linked to Brexit, but he added that Ford will have to undertake a further review if the United Kingdom leaves the European Union without a deal in March. Sales at the SUV-heavy unit, more than double the size of Jaguar, declined by 6.9 percent past year.

Unite national officer Des Quinn said: "Ford's workforce in the United Kingdom is world class in making and developing engines and gearboxes that are shipped all over the globe".

Just hours after Jaguar Land Rover said it may cut up to 5,000 jobs in its primarily United Kingdom -based workforce on Thursday, Ford (f) announced it will also eliminate thousands of jobs across Europe.

The company said it will cut some 4,500 out of 42,500 jobs, targeting managerial roles rather than production-line workers as it battles to return to profitability.

Jaguar Land Rover announced it is cutting thousands of jobs.

"Britain's auto workers have been caught in the crosshairs of the government's botched handling of Brexit, mounting economic uncertainty and ministers' demonisation of diesel, which along with the threat of a no deal Brexit, is damaging consumer confidence", Unite national officer Des Quinn said.

Cars being manufactured in the Aluminium Body Shop, at Jaguar Land Rover's Advanced Manufacturing Facility in Solihull, Birmingham.