{"id":15478,"date":"2026-09-07T13:02:58","date_gmt":"2026-09-07T13:02:58","guid":{"rendered":"https:\/\/stock999.top\/?p=15478"},"modified":"2026-09-07T13:02:58","modified_gmt":"2026-09-07T13:02:58","slug":"jaguar-land-rover-opens-voluntary-redundancy-program-in-2-3b-cost-cutting-drive","status":"publish","type":"post","link":"https:\/\/stock999.top\/?p=15478","title":{"rendered":"Jaguar Land Rover opens voluntary redundancy program in $2.3B cost-cutting drive"},"content":{"rendered":"<p><img src=\"https:\/\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2026\/09\/jaguar-land-rover.jpg\" \/>     <\/p>\n<p>Check out what&#8217;s clicking on FoxBusiness.com.<\/p>\n<p>British carmaker Jaguar Land Rover (JLR) has opened a voluntary redundancy program for salaried and management staff as part of a sweeping multibillion, cost-cutting campaign.\u00a0<\/p>\n<p>The Tata Motors-owned vehicle manufacturer confirmed the voluntary exit scheme for white-collar staff over the weekend as it moves to lower its global operational break-even threshold to 300,000 vehicles annually. While unconfirmed British media reports indicate the two-year operational overhaul could impact up to 4,000 non-assembly positions across its 30,000-strong U.K. workforce, JLR noted that hourly assembly line workers at primary manufacturing facilities will remain outside the scope of the program.<\/p>\n<p>&#8220;Over the past three years, we have transformed our product portfolio,&#8221; a JLR spokesperson told outlets. &#8220;To achieve this next phase, we must further simplify our organization, improve efficiency, and build greater resilience while adapting to evolving global market conditions.&#8221;<\/p>\n<p>FORD BOOSTS US LINCOLN PRODUCTION AS IT PHASES OUT IMPORTS FROM CHINA<\/p>\n<p>Jaguar Land Rover emblem near the car dealership. (Getty Images \/ Getty Images)<\/p>\n<p>The restructuring follows mounting financial and operational pressures across international markets. Vehicle imports into the U.S. carry a 10% tariff rate, narrowing profit margins. In its domestic market, JLR faces intensifying competition from lower-cost Chinese electric vehicle imports, including Chery&#8217;s Jaecoo 7 SUV.<\/p>\n<p>The cost-cutting push also comes in the wake of a major cyberattack late last year that forced JLR to temporarily halt production across several international facilities, contributing to a 27% drop in output and an estimated $2.5 billion, or \u00a31.9 billion, drag on the broader British economy.<\/p>\n<p>U.K. Business Secretary Jonathan Reynolds confirmed he would meet with JLR Chief Executive Officer PB Balaji and representatives from Unite the Union.<\/p>\n<p>Showrooms for Jaguar and Landrover in Line Wall Road, Gibraltar, operated by A.M. Capurro, the official dealer in the city. (Getty Images \/ Getty Images)<\/p>\n<p>&#8220;A company the size of JLR &#8230; at various times in its business cycle, the number of people it employs will change,&#8221; Reynolds told the BBC on Sunday. &#8220;If this is about making sure over time that the workforce is right to make the business as competitive as possible, that&#8217;s the conversation we need to have. But the government will not be giving support if it&#8217;s to bail people out.&#8221;<\/p>\n<p>Unite General Secretary Sharon Graham stated that union leaders will take part in discussions with JLR executives to ensure hourly factory personnel are protected from compulsory job losses.<\/p>\n<p>CLICK HERE TO GET FOX BUSINESS ON THE GO<\/p>\n<p>FOX Business has reached out to Jaguar Land Rover for additional comment.<\/p>\n<p>Reuters contributed to this report.\u00a0<\/p>\n<p>#Jaguar #Land #Rover #opens #voluntary #redundancy #program #2.3B #costcutting #drive<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Check out what&#8217;s clicking on FoxBusiness.com. British carmaker Jaguar Land Rover (JLR) has opened a&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[20880,3632,3654,20878,2221,2555,1023,20879,16569,9602],"_links":{"self":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/15478"}],"collection":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15478"}],"version-history":[{"count":0,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/15478\/revisions"}],"wp:attachment":[{"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15478"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15478"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15478"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}