British luxury automaker Jaguar Land Rover (JLR) is set to cut around 4,000 jobs over the next two years, representing about 10 per cent of its global workforce, as the company responds to mounting pressures facing the automotive industry.
The company confirmed the planned reduction on Monday after previously introducing a voluntary redundancy programme, with the restructuring coming amid a series of challenges, including the impact of a cyberattack and United States tariffs on the automotive sector.
JLR is also grappling with intense competition from Chinese carmakers and the rising cost of investing in new technologies as the global automobile industry accelerates its transition towards electric vehicles.
The job cuts highlight the growing pressure on established automakers to balance traditional vehicle production with the huge investment required to develop and manufacture electric and digitally connected vehicles.
The planned workforce reduction follows months of disruption for JLR, which has been affected by a cyberattack as well as broader uncertainty in international trade.
The company is also facing the effects of tariffs imposed by US President Donald Trump, which have added to concerns over costs and market access across the global automotive sector.
