Jaguar Land Rover, a company owned by the Indian Tata group, announced that it will eliminate approximately 10% of its workforce, corresponding to around 4,000 jobs. The cuts will be implemented over the next two years.
The British car company operates factories in the central area of England. The decision comes at a time of difficulties for the automotive sector, which faces challenges such as the transition to electric vehicles and decreasing demand in some markets.
With this measure, Jaguar Land Rover aims to reduce costs and adapt its workforce structure to the current reality of the automotive market. The announcement represents one of the biggest job cuts in the British automotive sector in recent years.
Tata Motors, owner of Jaguar Land Rover since 2008, has been working on restructuring the British brand to make it more competitive, especially in the transition to electric mobility.
