Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times UK
International Business Times UK
Francis Louie C. Añiga

Jaguar Land Rover to Axe Hundreds of Jobs as £1.9bn Cyber Attack Fallout Deepens

Jaguar Land Rover has revealed plans to axe around 300 job roles as part of a corporate ‘restructure’ following tariff pressure and last year’s cyber attack. (Credit: Anthony Parkes/Wikimedia Commons)

Jaguar Land Rover (JLR) is set to cut nearly 300 jobs across its UK operations after last year's £1.9 billion cyber attack sent profits plunging from £2.5 billion to just £14 million and forced weeks of factory shutdowns.

The company confirmed the redundancies this week, saying the reductions will primarily affect salaried and management positions rather than production workers. While JLR has not identified the sites or departments affected, the move is expected to be closely watched in the West Midlands, where the company remains one of the region's largest private employers.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.