Jaguar Land Rover Says 3,000 Staff Are Leaving in Job Cuts
Jaguar Land Rover's finance chief said about 3,000 employees have signed up to leave under its voluntary redundancy programme, most by the end of November. The carmaker is targeting 4,000 job cuts and £1.7 billion in savings.
Jaguar Land Rover (JLR) said on Friday that about 3,000 employees have signed up to leave under its voluntary redundancy programme, the total number staff leaving so far, according to chief financial officer Richard Molyneux.
The vast majority will go by the end of November.
The luxury British carmaker announced in September that it was aiming to cut about 4,000 jobs across its global workforce over two years. The cuts are part of efforts to reduce labour costs and find savings worth £1.7 billion.
Molyneux said there were enough further "expressions of interest and applications" to cover the remaining 1,000 roles and reach the target.
"The programme has gone strangely according to plan," he said. "Not an awful lot has gone according to plan this year, but this programme has."
He acknowledged the loss of experience. "We are unfortunately going to see a large number of colleagues leave us and they all have experience and expertise," he said. He added that the team remaining, at least 80% of the current workforce, has "the talent and the skill" to take the company forward.
Halewood less affected
JLR has a major production site in Halewood, on Merseyside. Earlier reporting found jobs there are affected, but on a more limited scale than at other sites. Halewood is mainly a production plant, and the cuts focus on salaried and management staff.
Results after the cyber attack
JLR also published results showing a recovery from last year's cyber attack, alongside a heavy cost from restructuring. The attack forced the company to halt production across its UK factories from September 1 for five weeks. Plants including Solihull and Halewood restarted in October.
Revenue for the three months to the end of September was £5.9 billion, about a fifth higher than a year earlier. The company posted a profit before tax and exceptional items of £6 million, against a loss of £134 million in the same quarter of 2025.
JLR flagged a cost hit of £530 million, including restructuring and the write-down of assets. It said it expects profit margins to be slightly lower for the full year, citing ongoing market challenges, geopolitical risks and the exceptional costs recognised in the quarter.
Molyneux pointed to five new battery electric vehicles, which he said should lift earnings while easing investment. The Range Rover Electric, Range Rover Sport Electric and Jaguar Type 01 have been released, with deliveries due to begin in early 2027. The Range Rover GT and a new electric Defender are due to launch next year.
