Jaguar Land Rover (JLR) announced plans to cut 500 jobs in an effort to save costs while also combating the sharp decline in sales.
The UK-based company stated that the job cuts will occur in management positions, which represent 1.5% of its workforce, and will be implemented through a voluntary exit program.
It is worth noting that JLR is facing difficulties due to the trade “war” with the U.S., having announced a temporary suspension of exports to the U.S., its largest external market, in April, after Donald Trump raised tariffs on vehicle imports to 25%.
In June, the UK and the U.S. reached an agreement, and the tariffs on imported vehicles were reduced to 10%, but only for models produced in the UK. The terms of the agreement also limit the total annual export of cars to the U.S. to 100,000 models, with the higher rate applied to any vehicle above that limit.
As a result, tariff uncertainty led to JLR’s sales experiencing a decline of 15.1% in the second quarter of 2025, following the temporary pause in exports to the U.S. and the planned end of older Jaguar models.
