By GB News (World News) | Created at 2026-09-07 08:15:42 | Updated at 2026-09-07 11:23:37
3 hours ago
Jaguar Land Rover has announced plans to slash thousands of jobs over the coming years, as the Government confirms that it will not bail out the ailing automaker.
The iconic British car manufacturer is expected to cut 4,000 jobs, with JLR set to unveil a redundancy programme later today.
Jaguar Land Rover said the changes were being made to save around £1.7billion over the next two years after the company was rocked by tariffs and production changes.
More than 30,000 people are employed by Jaguar Land Rover in the UK. The global brand announced 300 jobs would be lost earlier this year.
In the most recent financial quarter, JLR posted a 9.6 per cent year-on-year drop in revenue, down to £6billion, as well as a 9.2 per cent YoY drop in wholesale volumes.
Jaguar Land Rover has been impacted by temporary supply constraints, market disruption due to the Iran war and the winding down of Jaguar vehicle production.
It is also reeling from a devastating cyber attack last year which forced a production standstill and cost the business almost £2billion.
A spokesperson for JLR said the job cuts were necessary to "further simplify our organisation, improve efficiency and build greater resilience".
Jaguar Land Rover is expected to cut 4,000 jobs in a major cost-cutting programme
REUTERS
It added: "We informed our colleagues and trade union partners that JLR is opening a voluntary redundancy programme offering salaried and management team members the opportunity to leave the business."
Sharon Graham, the Unite union's general secretary, has previously warned of various factors hammering automakers across the UK in recent years.
She noted that "death by a thousand cuts has been going on under the nose of successive governments", pointing to high energy costs, underinvestment and the Zero Emission Vehicle mandate.
She confirmed "intensive" discussions had been taking place with the Government over the weekend to mitigate the job losses.
Ms Graham said she would be meeting with the CEO of JLR, PB Balaji, next week, alongside Business Secretary Jonathan Reynolds.
"We will leave no stone unturned to support these workers. It cannot be acceptable that workers are again made to pay the price," the general secretary added.
Speaking to the BBC over the weekend, Business Secretary Jonathan Reynolds confirmed talks would be taking place, but ruled out a bailout.
He described Jaguar Land Rover as a "huge British success story", hinting that "long-term investment in the future" could be supported by the Government.
The Range Rover Electric was officially unveiled last week
"If this is about making sure over time that the workforce is right to make the business as competitive as possible, that's the conversation we need to have," Mr Reynolds added.
Last week, JLR unveiled the Range Rover Electric and confirmed that the new Defender Wolf Series II would compete for the Ministry of Defence Light Mobility Vehicle contract.
Commenting on the proposed job cuts, Liberal Democrat business spokesperson Sarah Olney said the plans would be "devastating for thousands of workers".
The MP for Richmond Park said: "This development lays bare that the Government's growth mission is falling far short, just as the new Chancellor is set to make his first major speech. We need to see support for those jobs at risk, paired with bold action from the Chancellor on growing the economy across the UK."
