- Jaguar Land Rover (JLR) has announced plans to reduce its workforce , with fewer than 300 jobs expected to be affected as part of a major transformation programme.
- These job cuts are part of the car manufacturer's strategy to evolve its operating model, accelerate growth, and improve decision-making and performance.
- The company is also continuing its recovery from a significant cyber attack last year, which led to a five-week production halt at its UK factories from September 1 and resulted in substantial financial losses.
- JLR, which employs approximately 30,000 people across the UK and 10,000 overseas, did not disclose the specific locations where the job reductions would occur.
- The carmaker previously revealed intentions to cut around £1.7 billion in costs over the coming years through measures such including reductions in materials, warranty, and fixed costs to support its ongoing recovery.
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