20:54 - 7.09.2026

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September 7, Fineko/abc.az. Jaguar Land Rover Automotive Plc plans to eliminate approximately 4,000 positions over the next two years, reducing its global workforce by roughly 10%. CEO P.B. Balaji announced the restructuring plan on Monday, which aims to deliver £1.7 billion ($2.3 billion) in cost savings amidst mounting trade barriers and supply chain disruptions.

Key operational headwinds:

• Multi-Front Headwinds: The Tata Motors subsidiary is grappling with punitive U.S. tariffs, sluggish Chinese sales, lingering operational damage from a major cyberattack, a critical supplier fire, and Middle Eastern geopolitical friction.

• Intensifying Competition: Rising structural costs and aggressive expansion by Chinese EV makers like BYD have squeezed European automakers, mirroring recent deep workforce cuts at Volkswagen and Renault.