Jaguar Land Rover Layoffs Job Cut: fires 450 employees: Finance Trading Times

Jaguar Land Rover Layoffs Job Cut: fires 450 employees

It was in October that we had published the news about the Jaguar Land Rover Layoffs. Things are getting worse for the employees. The effects of mergers and acquisitions usually always result in layoffs. The reason, business is consolidated and hence there is not enough room for employees in various departments as the work consolidates. Its time for the London based employees of Jaguar Land Rover which was acquired by Tata group of India to feel the heat and learn it the hard way. The Tata controlled Jaguar Land Rover has decided to layoff some 450 employees. All the sectors are now melting under the pressures of falling market demand and financial problems. As a measure, they are going for layoffs. The latest one to add to the list is, Jaguar Land Rover going for layoffs in London. Jaguar Land Rover Layoffs

How many employees will be fired in the Jaguar Land Rover layoffs?
There will be around 450 job cuts by the company.

Which class or segment of employees will be affected by the Jaguar Land Rover layoffs?
Primarily, it will be the managers and salaried agency staff. To talk about the numbers, 300 managers will be made redundant while 150 salaried agency staff will also lose their jobs.

What is the total no. of employees of the Jaguar Land Rover ?
The company employs about 15000 employees.

Which locations is the Jaguar Land Rover based in?
The firm is based in Gaydon, Warwickshire. However, it has work location in Castle Bromwich, Coventry and Solihull in the West Midlands and Halewood, Merseyside.

Any other measures by Jaguar Land Rover apart from layoffs?
Yes. Jaguar Land Rover said that there will no pay hikes for the managers till October 2009 and there will be no bonuses paid.

Any other news about Jaguar Land Rover layoffs
Land Rover sales were down by 30% throughout 2008 although Jaguar's sales rose by almost 9% over the same period, which the company put down to its new XF model launched last year. Let's hope that alternative jobs are available to the affected employees of Jaguar Land Rover Layoffs Job Cut
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