According to the Financial Times sources close to the carmaker said the cuts will be announced in January and will form part of the company’s cost-cutting drive known as ‘Project Charge’. The plan was announced after JLR posted a £90m loss from July to September after it was by falling sales in China and Europe.
Britains largest carmaker, which currently employs around 40,000 people, has already axed 1,000 temporary workers from it Solihull and recently cut 200 jobs from its West Midlands plant.
A spokesperson for Jaguar told Retail Sector: “Jaguar Land Rover notes media speculation about the potential impact of its ongoing Charge and Accelerate transformation programmes.
As announced when we published our second quarter results, these programmes aim to deliver £2.5 billion of cost, cash and profit improvements over the next two years. Jaguar Land Rover does not comment on rumours concerning any part of these plans.”