Summary
The supply chain workers for Jaguar Land Rover (JLR) are facing financial difficulties after a cyberattack halted production at JLR's UK plants. Affected employees are using their savings due to the work stoppage. The UK government announced a £1.5 million loan guarantee to help keep the supply chain afloat, but production may not resume until October.
Key Facts
- A cyberattack on 31 August forced Jaguar Land Rover to pause production at its UK plants.
- Workers in the supply chain are struggling financially, with some using their savings to cope.
- Approximately 30,000 people work directly at JLR's plants, while 100,000 work in the supply chain.
- The UK government announced a £1.5 million loan guarantee to support the supply chain.
- Production is not expected to resume until at least 1 October.
- Leadec, a supplier, has set up a foodbank to help workers in hardship.
- Employees are entitled to statutory lay-off pay of £39 a day for five days if there's no work.
- Some supply chain companies risk running out of cash within days.
