Jaguar Land Rover to cut 4,000 jobs over two years

Jaguar Land Rover said Monday it would cut around 4,000 roles over the next two years, about 10 percent of its global workforce, as it seeks £1.7 billion, or $2.3 billion, in savings.

The British luxury carmaker said the cuts would be made through a voluntary redundancy scheme. In an earlier statement, JLR identified management roles as those at risk.

Most JLR employees, around 34,000 people, are based in the UK. Local media reported that most of the cuts would be in the UK.

JLR chief executive PB Balaji said the automotive industry faced major challenges from technological change, competition and geopolitical uncertainty. He said JLR would launch five new products over the next 12 months and renew its focus on North America, among other markets.

UK business minister Jonathan Reynolds is scheduled to meet JLR executives this week to discuss the job losses.

The restructuring follows months of disruption caused by a cyberattack that halted JLR production in Britain for more than a month. JLR, owned by India's Tata Motors, said the attack cost the company £260 million.

The carmaker has also been hit by US President Donald Trump's sector-wide tariffs. It posted a £244 million loss for its fiscal year ending in March, compared with a net profit of £1.8 billion in 2024-25.

European carmakers are also facing competition from Chinese manufacturers and heavy investment needs as the industry shifts toward electric vehicles. Volkswagen said last week that management and unions had agreed to cut 100,000 jobs by the end of the decade, including around 50,000 newly approved cuts on top of 50,000 already agreed earlier this year.

JLR last week opened orders for its new fully electric Range Rover.