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Jaguar Land Rover launches redundancy plan to save £1.7bn

9/5/2026

14 2 Full Breakdown

Summary

Story summary

Jaguar Land Rover launches a voluntary redundancy programme to save £1.7 billion over two years.
The programme could affect up to 4,000 roles.
Revenue fell nearly 10% in the latest quarter.
Pretax profit dropped to £109 million in that quarter.
A September 2025 cyberattack halted production, cutting output 27% and costing £1.9 billion.

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Story summary

Jaguar Land Rover launches a voluntary redundancy programme to save £1.7 billion over two years.
The programme could affect up to 4,000 roles.
Revenue fell nearly 10% in the latest quarter.
Pretax profit dropped to £109 million in that quarter.
A September 2025 cyberattack halted production, cutting output 27% and costing £1.9 billion.