{"id":761378,"date":"2026-09-06T01:14:09","date_gmt":"2026-09-06T01:14:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/761378\/"},"modified":"2026-09-06T01:14:09","modified_gmt":"2026-09-06T01:14:09","slug":"thousands-of-jobs-to-be-cut-at-jaguar-land-rover-after-slump-in-profits-jaguar-land-rover","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/761378\/","title":{"rendered":"Thousands of jobs to be cut at Jaguar Land Rover after slump in profits | Jaguar Land Rover"},"content":{"rendered":"

Thousands of workers at Jaguar Land Rover<\/a> (JLR) will be offered redundancies after Britain\u2019s largest car manufacturer had its revenues slashed by falling sales, a cyber-attack and Donald Trump\u2019s tariffs.<\/p>\n

JLR informed workers and their union on Saturday that the company would be opening a voluntary redundancy programme for salaried and management team members, the BBC and Sunday Times reported.<\/p>\n

As many as 4,000 jobs would be cut over two years, the Times reported. JLR told the BBC it was yet to confirm the number but the company, which is owned by the Indian conglomerate Tata Motors, needed to save about \u00a31.7bn over the next two years.<\/p>\n

Unite\u2019s general secretary, Sharon Graham, told the BBC she and the business secretary, Jonathan Reynolds, would meet JLR\u2019s chief executive, PB Balaji, next week, after a weekend of intensive talks to mitigate job losses.<\/p>\n

About 30,000 of the company\u2019s 44,000 employees are based in the UK. Most of them work at 14 plants across the West Midlands, where the company is one of the region\u2019s largest employers.<\/p>\n

The job cuts will be unwelcome news for the prime minister, Andy Burnham, who has pledged to \u201csafeguard sovereign manufacturing\u201d and reindustrialise Britain<\/a>.<\/p>\n

Under his predecessor, Keir Starmer, Labour said it would underwrite a \u00a31.5bn loan guarantee<\/a> to JLR after it halted production for several weeks last year in response to a cyber-attack.<\/p>\n

The attack led to a 27% drop in overall production and cost the company about \u00a3200m. It was one of several factors contributing to JLR posting a profit before tax of just \u00a314m<\/a> \u2013 down from \u00a32.5bn the year before.<\/p>\n

Tariffs on vehicles imported into the US \u2013 which Trump raised to 25%<\/a> before agreeing a deal for 10%<\/a> for the UK \u2013 also caused turmoil for the carmaker, which is attempting to push more luxury cars to the US market. This contributed to the company\u2019s retail and wholesale volumes \u2013 sales via dealerships \u2013 falling by about 70,000 and 90,000 respectively.<\/p>\n

\u201cThese challenges arrived with the global automotive industry already under continued pressure from cost inflation, slower-than-expected uptake of electric vehicles, and the deterioration of market conditions in China,\u201d Balaji said in the company\u2019s annual report published in May.<\/p>\n

The carmaker this week launched its first electric Range Rover in an effort to appeal to climate-conscious fans of the luxury SUV \u2013 at a starting price of \u00a3154,070.<\/p>\n","protected":false},"excerpt":{"rendered":"Thousands of workers at Jaguar Land Rover (JLR) will be offered redundancies after Britain\u2019s largest car manufacturer had…\n","protected":false},"author":2,"featured_media":761379,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[84,59,56,54,55],"class_list":["post-761378","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-gb","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/761378","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=761378"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/761378\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/761379"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=761378"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=761378"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=761378"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}