Quote:
Jaguar Land Rover is axing up to 500 management jobs in the UK amid pressure on sales due to trade tariff woes.
The Gaydon-based firm said around 1.5 per cent of its UK workforce would be affected by the job cuts, which are going as part of a voluntary redundancy programme for managers in the UK.
A spokesperson for Jaguar Land Rover (JLR) said: “As part of normal business practice, we regularly offer eligible employees the opportunity to leave JLR through limited voluntary redundancy programmes.”
It comes after JLR revealed last week that retail sales plunged 15.1 per cent in the three months to June after a temporary pause in exports to the US and the planned wind-down of older Jaguar models.
Source:
Stratford Herald
Not so long ago, our superb PM was crowing about saving JLR. (Maybe sarcasm is involved here!)
