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Business / World Business

Jaguar Land Rover says to axe 4,500 jobs worldwide

Published: 10 Jan 2019 - 04:09 pm | Last Updated: 02 Nov 2021 - 03:14 am
Peninsula

AFP

London: Jaguar Land Rover will axe around 4,500 jobs, the Indian-owned carmaker announced Thursday, with the group hit by a slump in Chinese sales and fears about Britain's competitiveness after Brexit.

"Jaguar Land Rover is expanding a business-wide organisation review aimed at reducing the size of its global workforce by around 4,500 people," the company said in a statement. "This is in addition to the 1,500 who left the company during 2018."