Thu, 17 Jul 2025

Thu, 17 Jul 2025 Jaguar Land Rover to cut up to 500 UK jobs

The carmaker says the cuts are part of "normal business practice", but one expert blames US tariffs.

* Jaguar Land Rover (JLR) plans to cut up to 500 management jobs in the UK due to pressure on sales and profits from US trade tariffs.
* The company will launch a voluntary redundancy scheme, which is expected to affect less than 1.5% of its British workforce.
* JLR cited "normal business practice" for the decision and said it regularly offers employees voluntary redundancies based on the firm's current and future needs.
* Car industry expert Professor David Bailey said US tariffs play a big role in the job cuts, which come after the company reported a drop in sales in the three months to June.
* JLR has been affected by the 10% tariff on British cars exported to the US, as well as the planned wind-down of older Jaguar models.
* The UK-US trade deal gives JLR "confidence to invest £3.5bn" per year, but Professor Bailey said the tariffs have had an impact on the company's workforce.
* The job cuts come after Sir Keir Starmer visited the company in May and declared his intention to protect British jobs in the car industry.
  >>


Terms of Use | Privacy Policy | Manage Cookies+ | Ad Choices | Accessibility & CC | About | Newsletters | Transcripts
Business News Top © 2024-2025