JLR set to cut 1,100 jobs
Jaguar Land Rover (JLR) will cut about 1,100 agency staff and contractors after reporting losses of £501m in the final quarter of its financial year.
A spokesman for the company said: “Through its ongoing transformation programme, Jaguar Land Rover is taking action to optimise performance and achieve further operational efficiencies to enable sustainable growth and safeguard the long-term success of our business.
“Against the backdrop of the Covid-19 pandemic, the company has taken the difficult decision to reduce the number of contract-agency employees in its manufacturing plants over the coming months.”
The process will begin at the end of July.
The Coventry-based manufacturer employs about 32,000, having cut its workforce by 5,000 last year.