JLR to "cut 5000 United Kingdom jobs"

10 January, 2019, 22:41 | Author: Myra Gill
  • Jaguar to cut 4,500 workers amid falling sales in China and Brexit fears | Daily Star

JLR's figures were also dented by the introduction of European emissions standards known as WLTP, which resulted in a fall in demand for diesel cars.

In the darkest day for the British automotive industry since the collapse of Rover Group 14 years ago with the loss of 6,000 jobs at Longbridge in Birmingham, Jaguar Land Rover said it has to take "decisive action" to secure its long-term future.

And Ford signalled "significant" cuts among its 50,000 European workforce under plans to make it more competitive and make its business more sustainable. "We have great belief in the potential of JLR's distinctive premium products and brands as well as in JLR's design and engineering capabilities", Tata Motors Chairman, N. Chandrasekaran said in late December.

They come in addition to the 1,500 workers who left the company a year ago. It lost 354 million pounds between April and September 2018.

JLR, which became Britain's biggest carmaker in 2016, had been on course to build around 1 million vehicles by the turn of the decade, but output in 2018 looks set to have fallen as sales in the first eleven months dropped 4.4 percent.

The company declined to comment when contacted by Reuters on Thursday. "It would be very very hard for us to cope", warned Toyota Motor Europe's deputy managing director, Tony Walker, at a parliamentary committee hearing previous year.

He said: "In JLR, market conditions, particularly in China, have deteriorated further".


The firm's chief financial officer said in October that the firm's Changshu plant in China "has basically been closed for most of October in order to allow the inventory of both our vehicles and dealer inventory to start to reduce". United Kingdom new-car sales tumbled at their steepest annual rate since the financial crisis past year.

In July it had warned that a "bad" Brexit deal could jeopardize planned investment of more than $100 billion, saying the future was unpredictable if free and frictionless trade with the European Union and unrestricted access to its single market was not maintained.

The company has sounded some of the most urgent warnings among United Kingdom manufacturers about the damage that Brexit uncertainty was doing to investment in the UK.

The JLR layoffs, representing roughly 10% the company's workforce, come on top of the 1,500 people who left in 2018.

"With record levels of new investment and models set to come on stream in its United Kingdom factories we look for Jaguar Land Rover to continue to be a global success and the jewel in Britain's manufacturing crown". It's already moved all Land Rover Discovery production overseas to eastern Europe.

JLR, which has 44,000 workers in the United Kingdom, had cut almost 1,000 jobs in country in 20018. JLR will build the new-generation Land Rover Defender in Slovakia, analysts predict.

India's Tata conglomerate bought JLR from Ford in 2008, saving the British carmaker from bankruptcy.

Recommended:

  • De Blasio Promises Health Care for All New Yorkers

    De Blasio Promises Health Care for All New Yorkers

    The program marks the Democratic mayor's effort to address the progressive priority of providing universal healthcare coverage. New York City Mayor Bill de Blasio has chose to lead the progressive charge on the health care front.
    Comatose woman hospitalized after birth with baby

    Comatose woman hospitalized after birth with baby

    San Carlos Apache officials said the woman was an enrolled member of the tribe, whose reservation is 134 miles east of Phoenix . Hacienda HealthCare has promised to work with authorities and welcomed planned DNA tests of employees.
    Title favorites face tricky early schedule at Australian Open

    Title favorites face tricky early schedule at Australian Open

    Britain's Andy Murray will open his Australian Open campaign against Spain's 22nd seed Roberto Bautista Agut . Defending champion Federer is in the bottom half of the draw with No. 2-ranked Rafael Nadal .
  • McHenry County health official says flu season not at peak, encourages vaccinations

    McHenry County health official says flu season not at peak, encourages vaccinations

    For those who get a flu shot and still contract influenza , symptoms tend to be milder and not last as long, research has shown. Local health department contact information can be found here and information on flu vaccination clinics can be found here.
    Kindergarten photo evokes Apartheid ghosts in South Africa

    Kindergarten photo evokes Apartheid ghosts in South Africa

    A shocking photograph of black and white primary school children sitting separately in a classroom has provoked widespread anger. This time of year is supposed to be joyous as a lot of kids start their school careers while others return to a higher grade.
    Meghan's patronages: Duchess of Sussex's four new causes revealed

    Meghan's patronages: Duchess of Sussex's four new causes revealed

    Chief executive Kate Stephens said: "We are delighted that the Duchess of Sussex is our royal patron". An image reportedly showing the new bucolic hideaway of Prince Harry and Meghan Markle has surfaced.
  • No. 2 Michigan Stays Undefeated, Beats No. 21 Indiana 74-63

    No. 2 Michigan Stays Undefeated, Beats No. 21 Indiana 74-63

    Morgan, one of the most accurate shooters in the Big Ten at 67.6 percent from the field, but is shooting 4 of 12 at halftime. With that said, though, it would take an incredibly impressive performance by IN to pull out the upset win on the road.
    Serena Williams' record-tying Grand Slam road includes Naomi Osaka

    Serena Williams' record-tying Grand Slam road includes Naomi Osaka

    The 23 times Grand Slam title victor had last won the Australian Open title in 2017 when she was eight weeks pregnant. First grand-slam of 2019, Australia Open, is all set to begin from January 14.
    Rare penny found in Pittsfield selling for $120,000

    Rare penny found in Pittsfield selling for $120,000

    After being dispelled by the Treasury Department, Lutes made a decision to keep his 1943-branded coin for his personal collection. PCGS CoinFacts, which offers information to all collectors of USA coins, estimates that there are only 10 to 15 such pennies.
  • China trade talks wrap up, with outcome unclear

    Liu made a brief appearance at the talks in Beijing on Monday, boosting optimism that China was serious about making progress. The USTR statement contained no details on the amount of commodities, goods and services discussed in the Beijing talks.

    Australia cops examine packages left at consulates, including India’s

    Police said the packages contained asbestos, once a popular building material that can cause cancer and scaring of the lungs. Officials at the U.S. and Swiss missions in the city said they had also received packages.

    Astronomers Just Detected A Mysterious Repeating Cosmic Radio Burst -- Again

    Seeing a signal at all indicates something big, like a black hole collision, could be the cause. Mysterious repeating energy bursts have been detected for only the second time.


Popular

Trump's decision on Syria is 'very clear': Pompeo
Other nominees have faced sexual harassment lawsuits or been embroiled in federal investigations. He told you that 9/11 led my country to abandon its ideals, particularly in the Middle East .

Senate Democrats block pro-Israel, anti-BDS bill
The House had already approved similar legislation last week as part of a larger package. Senators got the sense on Wednesday that Trump will fight for the wall indefinitely.

Oakland A's expect Kyler Murray to declare for 2019 National Football League draft
His agent, Scott Boras, had insisted Murray was committed to playing professional baseball and would attend Spring Training. If the Cardinals don't take him, there's still likely several teams in the first round that would use a pick on him.

Black Lives Matter Activist Shaun King Implies Innocent Man Committed Murder
LaPorsha Washington , Jazmine's mother, told authorities that a auto pulled up next to theirs, firing a spray of bullets inside. But the sheriff's office later received a tip from civil rights activist Shaun King that sent the case in a new direction.

Iran says it is holding U.S. Navy veteran in prison
A Department of State spokesperson told the BBC: "We are aware of reports of the detention of a USA citizen in Iran". Ghasemi denied allegations that White, who hails from Imperial Beach, California, has been mistreated in prison.

Meghan doesn't deserve the criticism she's getting, says father Thomas Markle
Speaking about the way Meghan has been portrayed in the reports, Thomas told The Mail on Sunday , "I don't recognize this person". First off, I think Kate is a stronger woman than that.

Congo braces for election results after commission meets overnight
Tshisekedi received more than seven million votes, compared to about 6.4 million for Fayulu, who had warned against manipulation. If confirmed, Mr Tshisekedi will be the first opposition challenger to win since the DR Congo gained independence.

Trailer: Ranveer Singh and Alia Bhatt's Gully Boy
Bollywood actor Ranveer Singh had everyone in fits as he teased his Gully Boy co-star Alia Bhatt about her beau Ranbir Kapoor . Gully Boy is about a rapper from the slums of Mumbai who wants to rise above his socio-economic status to become a star.

Clemson wins 2nd National Championship in three years vs Alabama, 44-16
It was the same top four in final Amway Coaches Poll . "Deshaun Watson started it by winning a national championship here". The Crimson Tide beat the Tigers in last year's semifinals before beating Georgia in the title game.

Stargazers in Oklahoma City ready for total lunar eclipse viewings in January
Most parts of Asia including India, some parts of western Europe and Africa will not be able to witness this celestial event. In the United Kingdom you will have the best chance to get a glance of the astrological event at 5.15am on January 21.