Jaguar Land Rover is cutting around 4,500 jobs, mainly in the UK, as part of its “transformation programme” to deliver a £2.5bn (€2.7bn) reduction in costs over the next 18 months.
The job cuts, announced 10 Jan, are in addition to another round of redundancies announced in 2018, which saw 1,500 employees leaving the business.
The UK car maker said the move was to create a “leaner, more resilient organisation”.
According to reports by Reuters and Bloomberg, the job cuts will affect mostly workers in the UK, including contractors, senior management, supervisors, engineering, and design workers. Citing “people familiar with the matter” the reports said that production-line workers will not be affected.
Under its ‘charge and accelerate’ programme, the Tata-owned company aims to combine efficiency measures with targeted investments, particularly in the autonomous, connected, electric and shared technologies.
As part of this, JLR said it would begin producing electric drive units at its Wolverhampton engine plant in the UK and create a new battery assembly centre at Hams Hall near Birmingham as it develops a greener range of cars.
“Decisive action will help deliver resilient long-term growth as Jaguar Land Rover implements cost and profit improvements. This will safeguard our future and enable vital ongoing investment into autonomous, connected, electric,” said CEO Ralf Speth.