Economics

Jaguar Land Rover to open redundancy scheme

The firm says it needs to save about £1.7bn over the next two years.

Jaguar Land Rover to open redundancy scheme

JLR has its worldwide headquarters in Coventry

Car maker Jaguar Land Rover (JLR) has said it is launching a voluntary redundancy programme, one year after a cyber attack forced production to stop for more than a month.

The company said it needs to save around £1.7bn over the next two years as it works to adjust to "evolving global market conditions".

The Times reported on Saturday that up to 4,000 jobs could go because of the effects of tariffs and a fall in sales.

The firm told the BBC it had not confirmed those figures.

"Today, we informed our colleagues, and trade union partners that JLR is opening a voluntary redundancy programme offering salaried and management team members the opportunity to leave the business," a spokesperson said.

"We will share further information with our colleagues first."

The BBC has contacted the union, Unite, for comment.

The firm said it needed to save about £1.7bn over the next two years

JLR said that over the past three years it had strengthened its brands and prepared for production of its next generation of vehicles.

In July, the company said it expected fewer than 300 people to leave under cost-saving plans announced at that time.

The company’s global headquarters is at Whitley, Coventry, and it also has manufacturing sites in Solihull and Wolverhampton, as well as Halewood on Merseyside.

It employs about 30,000 people in its UK operations, with around 10,000 more employed at plants overseas.

The cyber attack in September 2025 shut down all manufacturing at JLR for several weeks, meaning not a single vehicle came off its production lines.

That caused a 27% fall in overall production at the company, which is one of the West Midlands' biggest employers.

The total cost of the cyber attack and the resulting loss of manufacturing was put at £1.9bn.

In June, the firm said it planned to cut about £1.7bn in costs over the coming years to aid its recovery from the attack.

At the time, JLR said those savings would come from cuts in areas including materials, warranty and fixed costs.

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