Jaguar Land Rover has announced it will cut hundreds of jobs at its plants in the West Midlands as it falls to a half a billion pounds loss because of Coronavirus. The car manufacturer is cutting 1,100 temporary jobs of staff at its factories in Wolverhampton, Solihull and Birmingham – and at Halewood in Liverpool… Continue reading Hundreds of jobs to be lost as Jaguar Land Rover makes cuts – ITV News
Tag: JLR
Jaguar Land Rover to cut factory roles for temps
Jaguar Land Rover (JLR) is set to cut the number of contract-agency workers its employs on its factory floors following a drop in sales. It has not confirmed how many roles are affected but it reported a loss of £501m before tax in the final quarter of its financial year. JLR said the decision was… Continue reading Jaguar Land Rover to cut factory roles for temps
Jaguar Land Rover plunges to £501m loss as sales sink
Jaguar Land Rover has plunged to a huge loss as sales fell by almost a third in the first three months of the year, driving it to announce 1,100 jobs will go.The 1,100 agency workers being cut from the company’s manufacturing operations will leave about 1,000 contract staff spread around the business, including in non-production roles.In January 2019, about 10pc of the workforce – 4,500 jobs worldwide – was cut as JLR responded to falling sales of its cars.
@Tata: Q4 FY20
15 June, 2020 Q4 FY20: Revenue Rs.62.5KCr; PBT Rs. (9.3) KCr; PAT (post JV and Assoc) Rs. (9.9) KCr FY20: Revenue Rs.261.1KCr; PBT Rs. (10.6) KCr; PAT (post JV and Assoc) Rs. (12.0) KCr Tata Motors Ltd announced its results for year ending March 31, 2020. Q4FY20 Conso (Rs. Cr Ind AS) JLR (£M, IFRS)… Continue reading @Tata: Q4 FY20
Jaguar Land Rover to cut more than 1,000 agency staff in UK
Jaguar Land Rover Britain’s largest automotive firm lost £500m in three months as pandemic wiped out profits Coronavirus – latest updates See all our coronavirus coverage Jaguar Land Rover was on target to return to profitability after a record loss last year until the coronavirus outbreak. Photograph: Ben Stansall/AFP/Getty Jaguar Land Rover is to cut… Continue reading Jaguar Land Rover to cut more than 1,000 agency staff in UK
Tata Motors to shed 1,100 JLR jobs after pandemic hits earnings
BENGALURU (Reuters) – India’s Tata Motors Ltd expects to shed about 1,100 temporary jobs at Jaguar Land Rover after it raised the cost-cutting target at its luxury unit by 1 billion pounds ($1.26 billion) to ride out the disruptions caused by the coronavirus outbreak. FILE PHOTO: A Tata Tigor car is pictured at the assembly… Continue reading Tata Motors to shed 1,100 JLR jobs after pandemic hits earnings
JLR parent sees weak quarter, targets $789 million savings as lockdowns weigh
FILE PHOTO: A Tata Tigor car is pictured at the assembly line inside the Tata Motors car plant in Sanand, on the outskirts of Ahmedabad, India, August 7, 2018. REUTERS/Amit Dave BENGALURU (Reuters) – India’s Tata Motors Ltd (TAMO.NS) on Monday forecast a significantly weak first quarter and said it was reviewing all its businesses… Continue reading JLR parent sees weak quarter, targets $789 million savings as lockdowns weigh
JLR to cut 1,000 jobs as carmaker reels from £500m Covid-19 hit
UK group expands cost-cutting programme by £1bn to £5bn after sales slump Go to Source
@Tata-JLR: IAN HARNETT RETIRES AND JAGUAR LAND ROVER APPOINTS NEW BOARD MEMBERS
About Jaguar Land Rover Jaguar Land Rover is the UK’s largest automotive manufacturer, built around two iconic British car brands. Land Rover is the world’s leading manufacturer of premium all-wheel-drive vehicles. Jaguar is one of the world’s premier luxury marques, as well as being the first ever brand to offer a premium all-electric performance SUV,… Continue reading @Tata-JLR: IAN HARNETT RETIRES AND JAGUAR LAND ROVER APPOINTS NEW BOARD MEMBERS
@Tata-JLR: JAGUAR LAND ROVER REPORTS FOURTH QUARTER AND FULL-YEAR RESULTS FOR FISCAL 2019/20
• In Fiscal 2019/20 Jaguar Land Rover revealed plans to manufacture a range of new electrified vehicles at its Castle Bromwich manufacturing plant in the UK, with the first vehicle confirmed as the next-generation all-electric Jaguar XJ.• The company will open a new Battery Assembly Centre near Birmingham (UK) and will begin the manufacture of… Continue reading @Tata-JLR: JAGUAR LAND ROVER REPORTS FOURTH QUARTER AND FULL-YEAR RESULTS FOR FISCAL 2019/20