Mike Stevens | Jan 15, 2009

Despite the long-awaited introduction of exciting new products, and the prospect of more to come Jaguar-Land Rover today announced that it will be cutting 450 jobs in the UK.

The reduced demand for new cars and the current world-wide financial situation have been cited as the main reason behind the lay-offs. The job losses will consist of 150 agency staff and 300 managerial positions.

Jaguar-Land Rover CEO David Smith has stated: “We don’t expect sales conditions to return to normal levels for some time. It is critical that Jaguar-Land Rover becomes a more efficient and dynamic organisation to face up to the challenges that we will meet in the years ahead.”

This announcement comes shortly after the news that Tata Motors, which owns JLR, have approached the British government for financial support to offset the massive losses made since their take-over in 2008.

Source: Auto Express

Get the best deal on this car!
Get a great deal from our national accredited supply network. Fill in the form or call 1300 438 639
 
Name required
Last Name should be a hidden field. Please delete if you are a real person.
Valid Phone required
Valid Postcode required
Valid Email required
Thank you for your enquiry.
One of our accredited supply network will be in touch in the next 24 hours.
 
Follow Mike Stevens on Google+