Summary
Jaguar Land Rover (JLR) plans to cut up to 500 management jobs. The company cites US trade tariffs and decreasing sales as reasons for this decision. JLR started a voluntary redundancy program, expecting cuts to impact no more than 1.5% of its UK workforce.
Key Facts
- JLR will cut up to 500 management positions.
- The job cuts are related to US trade tariffs and lower sales.
- The company paused exports to the US due to tariffs.
- JLR warned about profit impacts from a 10% tariff on British cars to the US.
- JLR has over 30,000 employees in the UK.
- The UK recently reduced car tariffs to the US from 27.5% to 10%.
- JLR is a significant employer in the UK car industry, with sites in Solihull, Wolverhampton, and Halewood.
