Telegraph
Jaguar Land Rover Cuts Jobs Following Major Cyber Attack
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Jaguar Land Rover (JLR) announced plans to cut around 300 jobs as part of a cost-saving initiative following a significant cyber attack in September 2025. The attack halted production for five weeks, leading to a 27% drop in overall production and an estimated £1.9 billion in losses. Affected employees will be offered alternative roles or voluntary redundancy, but production line workers will not be impacted. The company aims to save £1.7 billion to recover from the attack and is transitioning to a new range of all-electric vehicles. The cyber attack severely affected JLR's profit, which plummeted by 99% from the previous year. JLR's restructuring comes amid broader industry challenges, including rising competition and fluctuating demand for electric vehicles.
Key Points: • Jaguar Land Rover plans to cut approximately 300 jobs due to a cyber attack's financial impact. • The September 2025 cyber attack caused a 27% production drop and £1.9 billion in losses. • JLR is transitioning to electric vehicles while implementing significant cost-saving measures.