Jaguar Land Rover to cut 1K jobs in UK
16 April 2018 4:50 PM GMT
London: Jaguar Land Rover, owned by India's Tata Motors, on Monday said it will cut 1,000 jobs and reduce production at two units as the UK's biggest carmaker blamed Brexit, slumping sales of diesel vehicles and regulatory issues for its woes.
Jaguar sales have fallen 26 per cent and Land Rover dropped 20 per cent this year and the company said it will not be renewing the contracts of 1,000 temporary workers at two factories.
Jaguar Land Rover, a Tata Motors owned company, employs about 40,000 workers in the UK and produce over 500,000 vehicles a year.
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