Jaguar Land Rover to cut 2,000 jobs globally, full review underway
By Derek Francis and Nandakumar D
(Reuters) - Jaguar Land Rover
said on Wednesday it would cut 2,000 jobs from its global salaried workforce,
just days after announcing its luxury Jaguar brand will be
entirely electric by 2025 and e-models of its entire lineup will be launched by
2030.
"The full review of the Jaguar Land Rover
organisation is already underway," the company said in an emailed
statement.
"We anticipate a net reduction of around 2,000 people from
our global salaried workforce in the next financial year," it said.
However, it added that the organisational review did not impact
hourly paid, manufacturing employees.
JLR, owned by India's Tata Motors, said earlier that its Land
Rover brand will launch six fully electric models over the next five years,
with the first in 2024.
Known for its iconic, high-performance E-Type model in the 1960s
and 1970s, Jaguar faces the same challenges as many other carmakers as it
transitions to electric vehicles while trying to retain the feeling and power
of a luxury combustion engine model.
Last month, Tata Motors said it was concerned by semiconductor
shortages and Brexit-related supply disruptions as its luxury car sales
recover, although the Indian automaker added these had not yet hit production.
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