Jaguar Land Rover is slashing 4,500 jobs
6 years ago

Jaguar Land Rover is slashing 4,500 jobs

CNN  

New Delhi CNN Business — Britain’s biggest carmaker is cutting thousands more jobs. Jaguar Land Rover will reduce its global workforce by 4,500 as part of a plan to cut costs by £2.5 billion, it announced Thursday. “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,” CEO Ralf Speth said in a statement. Speth has also previously cautioned that the “wrong outcome” would jeopardize company plans to spend £80 billion in the United Kingdom over the next five years. American rival Ford said Thursday that it would get rid of thousands of jobs in Europe as part of an $11 billion global restructuring program.

History of this topic

First glimpse of Jaguar's make-or-break £100k electric car as British firm gears up for EV-only rebrand in 2026
1 month, 3 weeks ago
Jaguar Land Rover says aluminium shortages dragging on profits
2 months ago
Everybody hates taxes and tariffs, says Jaguar Land Rover chief
2 months ago
Jaguar Land Rover doubles its investment in EV 'factory of the future' on Merseyside
3 months, 2 weeks ago
Jaguar Land Rover India retail sales rise 31% at 1,371 units in Q1
6 months ago
JLR, Chery to produce Freelander-branded EVs
6 months, 3 weeks ago
Spotlight on decade of Jaguar Land Rover's charitable works
9 months ago
Tata Motors hits 52-week high after JLR Q3 wholesales surge 27 per cent
1 year ago
Step inside Jaguar Land Rover's new EV test facility in Britain's Motor City
1 year, 2 months ago
Jaguar Land Rover rakes in biggest profit since 2020
1 year, 5 months ago
UK to add 9,000 jobs as Jaguar Land Rover builds electric battery ‘gigafactory’
1 year, 5 months ago
Jaguar Land Rover will build huge £4bn electric car battery plant in Somerset in a major boost for Britain's motor industry
1 year, 5 months ago
Jaguar Land Rover plans annual investment of £3 billion by FY26
1 year, 6 months ago
Jaguar will transform into all-electric luxury brand says Chandrasekaran
1 year, 7 months ago
Jaguar’s evolution into all-electric brand on track; new model launches slated for 2025: Jaguar Land Rover chairman Chandrasekaran
1 year, 7 months ago
US: Jaguar Land Rover Recalls 6,400 I-PACE Electric SUVs, Here's Why
1 year, 7 months ago
Jaguar Land Rover owner set to pick UK for EV battery plant
1 year, 7 months ago
Jaguar Land Rover back in the black as boss longs for tax cuts
1 year, 7 months ago
JLR to Invest 15 Billion Pounds in EV Push, Electric Range Rover Launch in 2025
1 year, 8 months ago
JLR's electrification drive puts Tata Motors' financial milestones on hold
1 year, 8 months ago
Jaguar Land Rover to plough £15bn into electric car plants
1 year, 8 months ago
Jaguar Land Rover owner demands subsidy for its steel plants in return for gigafactory deal
1 year, 10 months ago
Rohit Suri to retire as President and MD at Jaguar Land Rover, effective 31 Mar
1 year, 11 months ago
Jaguar Land Rover sees Q3 free cash flow above $485 million
2 years ago
JLR puts Tata Motors in slow lane
2 years, 2 months ago
Jaguar Land Rover retails, wholesales increase in second quarter; chip shortage still a concern
2 years, 3 months ago
Jaguar Land Rover suspends sales to Russia
2 years, 10 months ago
JLR deepens localization efforts in China with new model
3 years, 5 months ago
Jaguar Land Rover to develop hydrogen-powered concept car
3 years, 6 months ago
All JLR cars to be fully electric by 2030; Jaguar all electric by 2025
3 years, 10 months ago
Jaguar announces move to all-electric vehicles by 2025
3 years, 10 months ago
JLR to Go Electric Only From 2025, Will Launch Their 1st EV i-Pace in India on March 9
3 years, 10 months ago
Jaguar will be an pure-electric luxury car brand from 2025
3 years, 10 months ago
JLR records 3-year high in China with December sales
3 years, 11 months ago
JLR Prepared With Comprehensive Contingency Plan to Tackle UK's Ongoing Covid Challenges: Tata Motors
4 years ago
Jaguar-Land Rover India Hopeful Yet Guarded About Festive Season Response After Gradual Recovery
4 years, 2 months ago
Chinese sales drive JLR's global recovery in Q3
4 years, 2 months ago
Upcoming All-New Land Rover Defender Lands on Indian Shores Ahead of Launch on October 15
4 years, 3 months ago
Jaguar Land Rover Opens New Showroom in Lucknow, Announces New Retail Partner
4 years, 5 months ago
Tata Motors seeing beginnings of a recovery of JLR sales in China
4 years, 6 months ago
JLR agrees 5 billion yuan loan over three years to grow China business
4 years, 7 months ago
Coronavirus Outbreak: Tata Motors' JLR rolls out first Range Rover made under social distancing measures
4 years, 7 months ago
Tata-owned JLR suspends production
4 years, 9 months ago
Jaguar Land Rover is flying parts out of China in effort keep its European factories open
4 years, 10 months ago
Jaguar Land Rover’s CEO to retire. His successor will face many challenges
4 years, 11 months ago
JLR-owner Tata Group approaches Geely, BMW in hunt for partners
5 years, 1 month ago
Investors hurriedly bought Tata Motors shares after news of Brexit deal
5 years, 2 months ago
Jaguar Land Rover’s global sales down 0.7% in July-September
5 years, 3 months ago
Jaguar Land Rover to stop output at UK factories for a week due to Brexit
5 years, 3 months ago
Tata’s JLR unveils new Land Rover Defender at Frankfurt auto show
5 years, 4 months ago

Discover Related