Jaguar Land Rover (JLR) has launched a voluntary redundancy scheme targeting mainly white-collar workers, with industry reports suggesting up to 4,000 job losses are possible. The move comes roughly a year after a cyberattack that halted production at the Coventry-based automaker for over a month.
JLR confirmed the programme to the BBC, stating it will "simplify" the business and "improve efficiency and build greater resilience." The company did not disclose exact numbers, but The Times reported that up to 4,000 positions could be lost due to combined pressure from US tariffs and weaker sales. Cuts are expected to mainly affect salaried and management staff.
UK Business Secretary Jonathan Reynolds announced he will meet JLR bosses and Unite union representatives early next week to discuss ways to "mitigate any job losses." Reynolds ruled out a financial bailout but left open the possibility of "long-term investment in the future" of the company. Chancellor John Healey is separately scheduled to speak in the West Midlands on Monday, promising economic growth through changes to how the government values infrastructure investment.
JLR, headquartered in Coventry, is one of the UK's largest manufacturers. The voluntary redundancy programme is open to salaried and management team members; the company has not ruled out further structural changes.
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