Jaguar Land Rover ‘to cut 5,000 jobs in business update’

Car giant Jaguar Land Rover is giving a business update today which is reported to announce thousands of job losses in the UK.

The luxury carmaker employs 44,000 workers in the UK at sites in Halewood on Merseyside and Solihull, Castle Bromwich and Wolverhampton in the West Midlands.

Some 5,000 jobs will be cut, mainly in management, marketing and administrative roles, the BBC reported.

Jaguar Land Rover employs 40,000 people in the UK (Dave Thompson/PA)

There were reports last year that thousands of jobs could be axed as part of a £2.5bn savings plan amid falling sales in China and a drop in demand for diesel cars, but the figure was not confirmed.

The firm, owned by Indian conglomerate Tata, cut 1,000 temporary contract workers at its plant in Solihull in 2017.

Thursday’s announcement is expected to include details of sales for 2018, the business outlook for this year, an update on cost savings and planned investment in UK plants.

- Press Association


Related Articles

Search for plane carrying Emiliano Sala suspended for the day, police say

Patisserie Valerie collapse puts thousands of jobs in jeopardy

Police to interview man after digger attack destroys front of Liverpool hotel

UK police probe deaths of mother and two young children

More in this Section

British Airways to give plane 1960s-era makeover to celebrate centenary

Donohoe nominates Philip Lane for ECB executive board

Investment in Internet of Things will ramp significantly in 2019

Google fined €50m under EU data privacy law


Lifestyle

Making Cents: Car insurance travelling in the right direction

Boyzone Farewell Tour: Gettin' the band back on the road

Six things we learned at Music Minds event

Heart and Home festival: The very best of bluegrass

More From The Irish Examiner