Search
Close this search box.
Sign up for our weekly Newsletter

Job loss fear at JLR

Management, marketing and administrative roles are expected to be hardest hit, although some production staff may also be affected. as JLR seeks cost cuts
JLR

Share

10 January 2019

JAGUAR Land Rover will axe up to 4,500 jobs from its 40,000 strong UK workforce because of falling global sales and a downturn in diesel.

The layoffs would be part of a £2.5bn cost-cutting plan with management, marketing and administrative roles are expected to be hardest hit, although some production staff may also be affected.

JLR is particularly exposed to a 50% slump in its sales in China, its biggest and most profitable market. Consumers there have been holding back on big ticket purchases over concerns on global trade.

The UK carmaker is also heavily-exposed to ongoing consumer confusion over diesel engines. Around 90% of its vehicles are diesel-powered, although it has been investing in electric and hybrid.

Share this article

Facebook
Twitter
LinkedIn
WhatsApp
Reddit
Email

Want more motoring news?

Sign up here for our free weekly serving of motoring.

Sign up here for our free weekly serving of motoring.

Chris Wright

Chris Wright

Chris Wright has been covering the automotive industry nationally and internationally for 30 years. Following spells with consumer titles he became News Editor of Automotive Management (AM), Editor of Automotive International, International Editor for Detroit-based Automotive News, and Editor of Dealer Update. He has also co-authored several FT Management Reports and contributes regularly to Justauto.com

Latest news

Top