Jaguar-Land Rover to cut jobs due to sales slump

Jaguar Land Rover (JLR) is planning to lay off some staff at two of its factories in England. According to a media report, around 1,000 jobs would be lost due to unclear diesel policy and Brexit. Further, falling sales volumes in the United Kingdom have also been sighted as one of the reasons for the job cuts.

It is reported that the company will also cut down on the production of vehicles at its Solihull and Castle Bromwich plants. In a statement released earlier this week, the company revealed that it would be adjusting production schedules and the number of agency staff due to the decreased production demands. It was also said that JLR would be hiring high-skilled engineers, graduates and apprentices to work on next-gen powertrain systems including the plug-in hybrids that are offered on the Range Rover and Range Rover Sport, both of which are manufactured at the Solihull plant.

During the first quarter of 2018, Jaguar sales dropped by 26% while the demand for Land Rovers went down by 20% in the company's home market. According to JLR, sales are down because buyers are weary of diesel cars due to a proposed tax hike as well uncertainty due to Brexit. New car registrations have also seen a downward trend in Britain after reaching the peak in 2015-16.

Source - Autoblog