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Sport
Brian Potter

Jaguar Land Rover Opens Voluntary Layoffs, Are 4,000 Jobs Really At Risk?

JLR Jaguar Land Rover Jonathan Reynolds United Kingdom
  • Jaguar Land Rover has opened a voluntary redundancy program for salaried and management staff.
  • Financial Times reports the plan could shed up to 4,000 jobs.
  • JLR says it aims to lower its break-even point to around 300,000 vehicles built annually.

Jaguar Land Rover has opened a voluntary redundancy program for salaried and management staff as it chases £1.7 billion (about $2.2 billion) in savings over the next two years.

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