Business/Economy

Tata-owned JLR plans, 1000 job cuts in UK

Tata-owned JLR plans,  1000 job cuts in UK

Tata Motors, Indian multinational automotive manufacturing company owned Jaguar Land Rover is planning to cut jobs as it reflecting lower orders on Brexit and diesel uncertainties, amid what it termed as "headwinds" impacting the automotive industry.

While Jaguar Land Rover (JLR) is yet to confirm the exact number of jobs to be lost and staff and will be informing staff on Monday of its plans for the 2018-19 financial year.

The luxury carmaker said the "review" of its production schedules is being undertaken to ensure market demand is balanced globally and that it will lay out its 2018-19 production plans to the workforce on Monday.

"In light of the continuing headwinds impacting the car industry, we are making some adjustments to our production schedules and the level of agency staff," the company said in a statement.

It further added, "We are however continuing to recruit large numbers of highly skilled engineers, graduates, and apprentices as we over-proportionally invest in new products and technologies.

Automotive sector specialist, Dom Tribe at Vendigital, said: "This decision by Jaguar Land Rover (JLR) is a further sign of ongoing uncertainty in the automotive industry. As an industry in which investment is heavily reliant on forwarding planning, industry bodies have been lobbying extensively for greater clarity around a Brexit trade deal.”

Earlier this year, Britain's largest car manufacturer had announced plans to cut production at its Halewood plant in Merseyside due to "uncertainty" around the Brexit vote as well as the future of diesel vehicles as the main factors behind the "temporary adjustments".