Carmaker Jaguar Land Rover has presented a milliardstor savings plan, among other things, costs 4500 employees job. There are mainly talk about layoffs in the Uk.
It writes multiple media, including the news agency Reuters and the BBC.
the austerity package comes after a round of layoffs at the 1500 last year in the Jaguar Land Rover group.
Jaguar, Britain’s largest automaker, is owned by an indian conglomerate by the name of Tata. In the latest quarterly results, which ran to september last year, lost the company 90 million pounds before tax.
The new savings of a billion pound equivalent to a saving of over eight billion dollars.
– We act decisively to deliver a long-term growth, while we face several geopolitical and regulatory challenges in addition to the technological challenges in the automotive industry, says Jaguar ceo Ralf Speth, according to the BBC.
Jaguar has according to the BBC, one of the companies most loudly warned of the damage that uncertainty over the Uk’s exit from the EU could inflict upon the british industrial sector.
the Damage can be according to the Jaguar come as a result of a lack of desire to invest in a country where one can’t figure out which legislation applies in the near future.
the Message on the Jaguars massenedskæring is not Thursday’s only big news in the automotive industry. It writes the AFP news agency.
American Ford announces Thursday so the layoffs in Europe and a general restructuring of the vehicle manufacturer’s european business.
at the same time communicate to the tyskejede Rolls-Royce, that it has no plans to change its uk business in spite of the forthcoming brexit.
Rolls-Royce informs in addition, on Thursday, the carmaker sold a record number of its luxury cars last year.
