Image used for representational purposes only. | Photo Credit: Reuter Jaguar Land Rover (JLR), a wholly owned subsidiary of Tata Motors Passenger Vehicles Limited (TMPV), as part of its “strategic transformation programme,” has announced to reduce its global workforce by around 4,000 roles over the next two years. “The reduction, which is not expected to impact direct manufacturing jobs, will be achieved through voluntary means wherever possible,” TMPV said in an exchange filing.“JLR is today [September 7, 2026] beginning consultation on the first round of reductions and will provide support to all colleagues affected by the changes and engage with Trade Unions and employee representatives throughout the transition,” the statement added. PB Balaji, CEO, JLR, in a statement, said, “We recognise this will be difficult news for colleagues affected, and are committed to supporting everyone with care, fairness and respect.”JLR said the “strategic transformation programme” is designed to “simplify the organisation, improve operational performance and support long-term sustainable growth.”“As per JLR’s “Growth Reimagined” strategy announced at its Investor Day on 19 June 2026, JLR is targeting approximately £1.7 billion of savings over the next two years to reduce its break-evens towards 300,000 units,” the company said. The savings are designed to enhance JLR’s ability to deliver sustainable profitable growth, against the backdrop of an increasingly competitive and rapidly changing markets and continuing geo-political uncertainty, it added. “The programme will reduce organisational complexity, and underpin the commitment to invest between £15-18 billion in electrification, digital technologies, advanced manufacturing and enhanced customer experiences over the next 5 years,” Mr Balaji said. “The automotive industry faces significant challenges, with technological change amidst intense competition and ongoing geo-political uncertainty. Through our Growth Reimagined strategy, JLR is moving decisively to strengthen our competitiveness and position the business for long-term success,” he said. Over the next 12 months, the company will launch five new products, continue to leverage the strength of its brands and renew its focus on North America, amongst other markets, to help it deliver double digit revenue growth, he stated. Published - September 07, 2026 11:04 pm IST
JLR to cut 4,000 jobs in two years to save £1.7 billion
Full Article
Original Source
Read the full article at Thehindu →KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.