In future only electric cars: Jaguar wants to cut 2000 jobs

In future only electric cars
Jaguar wants to cut 2000 jobs

The corona crisis has shaken Jaguar badly, but the group was already weak before that. A radical change of course towards electronic drives should bring about the turning point. Five percent of the jobs also fall by the wayside.

The British luxury car manufacturer Jaguar plans to cut around 2000 jobs worldwide. The bottom line is that this number of jobs will drop in the next fiscal year, as announced by the Jaguar Land Rover company. The largest British car manufacturer has around 40,000 employees worldwide. Jaguar Land Rover is part of the Indian Tata group.

Jaguar Land Rover announced on Monday that it would only manufacture electric vehicles from 2025. The company announced that the brand should become climate neutral by 2039. Jaguar is to be "reinvented", for which 2.5 billion pounds (2.9 billion euros) would be invested per year. Land Rover plans to offer six electric car models in the next five years. The first all-electric Land Rover is slated to hit the market in 2024.

Jaguar Land Rover recently had a new boss, the French Thierry Bolloré. Like all car manufacturers, the group has been badly hit by the corona pandemic, and has been hit for a long time. However, the company assured that there would be no plant closings.

. (tagsToTranslate) Economy (t) Jaguar (t) Tata Motors (t) Downsizing (t) Auto Industry (t) Electric cars