Jaguar Land Rover To Cut 200 Jobs

Jaguar Land Rover To Cut 200 JobsJaguar Land Rover is planning to shed around 200 jobs in its UK operations. Jaguar Land Rover is a leading automotive company owned by TATA group. The company wants voluntary layoffs of its production staff from its plants located in Merseyside in Northern England, Birmingham and Solihull in Central England. The company would provide nine months salary to retrenched staff and pension to over-sixty staff.

Jaguar’s spokesperson, Don Hume said that the move of company is aimed to improve efficiency in its manufacturing sites. He ruled out any slum in car sale and slowdown due to economic crisis. It is expected to sell around 200,000 units of company’s products in the current fiscal. Jaguar sales were up 12.9% by September end and Land Rover sales were down 9.6% for the same period.

The company did a good business by selling its award-winning XF model. However, the demand of its luxury 4x4s model declined in the Europe and the US market. The workers of Jaguar's XJ and XK production lines would work for four day per week for the rest period of this financial year. The company is expected to produce 400 units of XJ and XK following the decision.

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