By Dominic Chopping
Jaguar Land Rover will cut up to 500 jobs in the U.K. through a voluntary redundancy program as it grapples with a slump in sales and U.S. tariffs.
The British automaker, owned by India's Tata Motors, said the cuts will affect managers and will amount to no more than 1.5% of its total U.K. workforce.
"As part of normal business practice, we regularly offer eligible employees the opportunity to leave JLR through limited voluntary redundancy programs," a JLR spokesperson said.
The company earlier this month reported a 15% drop in quarterly retail sales as new U.S. tariffs took hold and as it stopped selling Jaguar models as part of its move to transition the brand to an all-electric marque.
The company paused shipments to the U.S. during April after President Trump slapped a 25% tariff on cars imported to the U.S. that were applied on top of an existing 2.5% duty on U.K. imports.
The U.K. has since agreed on a deal that sees the tariff rate dropping to 10% for the first 100,000 cars imported into the U.S. JLR also has production in Slovakia, so cars exported from there will not benefit as there is currently no agreement on a reduced tariff rate on EU-made cars.
Write to Dominic Chopping at dominic.chopping@wsj.com
(END) Dow Jones Newswires
07-17-25 0544ET
