Jaguar Land Rover To Cut 4,500 Jobs

Jaguar Land Rover To Cut 4,500 Jobs2Photo© firstpost.com

Jaguar Land Rover To Cut 4,500 Jobs

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Jaguar Land Rover (JLR) will cut 10 percent of its workforce, mostly in its home market, as Britain's biggest carmaker faces lower Chinese demand and a slump in European diesel sales.

JLR, based in central England, will cut some 4,500 out of 42,500 jobs, targeting managerial roles rather than production-line workers as it battles to return to profitability.

Owned by India's Tata Motors, JLR also said it will build electric drive units at its Wolverhampton engine plant and create a new battery assembly center in Hams Hall, near Birmingham, as it develops a greener vehicle range.