Filed under: Earnings/Financials,Hirings/Firings/Layoffs,Jaguar,Land Rover

India's Tata Motors Ltd expects to shed about 1,100 temporary jobs at Jaguar Land Rover after it raised the cost-cutting target at its luxury unit by 1 billion pounds ($1.26 billion) to ride out the disruptions caused by the coronavirus outbreak. Tata Motors expects to save 5 billion pounds in costs by March 2021 at its Jaguar Land Rover (JLR) unit, the Indian automaker's Chief Financial Officer PB Balaji said on Monday, adding 3.5 billion pounds of the savings had already been achieved. It wiContinue reading Tata to shed 1,100 Jaguar Land Rover jobs after coronavirus hits earnings

Tata to shed 1,100 Jaguar Land Rover jobs after coronavirus hits earnings originally appeared on Autoblog on Mon, 15 Jun 2020 14:55:00 EDT. Please see our terms for use of feeds.



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