Theguardian
Jaguar Land Rover Announces Job Cuts Following Cyber-Attack Impact
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Jaguar Land Rover (JLR) has confirmed plans for a voluntary redundancy program affecting up to 4,000 jobs over two years due to falling profits, exacerbated by a cyber-attack and US tariffs. The company reported a significant drop in production and profits, with the cyber-attack in September 2025 leading to a 27% production decrease and costing approximately £200 million. JLR aims to save £1.7 billion to adapt to evolving market conditions. The voluntary redundancy program targets salaried and management positions, with union leaders expressing concerns over the automotive industry's challenges. The cyber-attack halted production for over a month, contributing to a profit before tax of just £14 million, down from £2.5 billion the previous year. The job cuts come amid broader pressures in the automotive sector, including cost inflation and reduced sales volumes.
Key Points: • Jaguar Land Rover plans to cut up to 4,000 jobs due to financial pressures from a cyber-attack. • The cyber-attack in September 2025 caused a 27% drop in production and a £200 million loss. • JLR aims to save £1.7 billion over two years to improve efficiency and resilience.
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