Regarding the report in The Times that Jaguar Land Rover plans to cut 4,000 jobs in the next two years, Jaguar Land Rover China responded that there are currently no plans for organizational optimization or adjustment in the Chinese market. Previously, it was reported that Jaguar Land Rover has launched a voluntary resignation program due to soaring costs, declining sales, and tariff pressures, aiming to save approximately 1.7 billion pounds within two years and reduce break-even sales to 300,000 units. However, the specific number of employees to be laid off globally has not been disclosed. Jaguar Land Rover has approximately 33,000 employees in the UK, and revenue in the most recent quarter decreased by nearly 10%, with pre-tax profits falling by 69% to 109 million pounds.
Jaguar Land Rover responded to global rumors of layoffs, stating that there are no plans for such actions in the Chinese market. In response to The Times’ report on Jaguar Land Rover’s plan to lay off 4,000 employees over the next two years, Jaguar Land Rover China today told Yicai that its operations are normal, with sales, after-sales service, and dealer networks functioning smoothly. There are currently no plans for organizational optimization or adjustments. Previously, it was reported that Jaguar Land Rover had launched a voluntary resignation program due to soaring costs, declining sales, and tariff pressures, aiming to save approximately 1.7 billion pounds over two years and reduce break-even sales to 300,000 units. However, the exact number of employees to be laid off globally was not disclosed. Jaguar Land Rover has approximately 33,000 employees in the UK, and revenue in the most recent quarter decreased by nearly 10%, with pre-tax profits dropping by 69% to 109 million pounds.