techkenyot.com
techkenyot.com January 19, 2019


Jaguar Land Rover to cut 4500 jobs

10 January 2019, 10:41 | Glen Norman

Jaguar to cut 4,500 workers amid falling sales in China and Brexit fears | Daily Star

Andy Street rejects No Deal Brexit to protect Jaguar Land Rover amid fresh job losses

Armstrong said that there "will be thousands" of job losses at Ford, which now employs 53,000 people in Europe, including its two United Kingdom engine plants at Bridgend and Dagenham.

The JLR job cuts come on the same day that Ford Motor Co. said it would cut thousands of jobs in Europe as it tries to turn around a region that's been a drag on earnings for years.

Thursday's move is part of a £2.5 billion ($3.2 billion) push announced past year to reduce costs and boost cash flow through 2020.

Andy Street discusses job losses at Jaguar Land Rover and a No Deal Brexit with I Am Birmingham reporter Paul Stringer
I Am Birmingham Andy Street discusses job losses at Jaguar Land Rover and a No Deal Brexit with I Am Birmingham reporter Paul Stringer

Meanwhile Jaguar Land Rover says it will cut 4,500 jobs as the carmaker addresses slowing demand in China and growing uncertainty about the U.K.'s departure from the European Union.

The electric cars will be built at its Wolverhampton engine plant and it will create a new battery assembly centre at Hams Hall near Birmingham as it develops a greener range of cars.

JLR, which has 44,000 workers in the United Kingdom, had cut almost 1,000 jobs in country in 20018.

'Segregated' classroom photo sparks race row in South Africa
These three examples show a trend more than coincidence. "We saw the photo and we were also angered by what we saw", he said. In the other pictures , children of different races can be seen interacting with different pupils in different seats.

Dr Ralf Speth, Jaguar Land Rover's CEO, described today's moves as "taking decisive action to help deliver long-term growth, in the face of multiple geopolitical and regulatory disruptions as well as technology challenges facing the automotive industry".

In the United Kingdom, "continuing uncertainty related to Brexit" was blamed. "We have great belief in the potential of JLR's distinctive premium products and brands as well as in JLR's design and engineering capabilities", Tata Motors Chairman, N. Chandrasekaran said in late December.

Electric cars such as the Jaguar i-Pace (above) aren't cheap to produce, and JLR is grappling with an global footprint to ensure it's building its growing range of vehicles in territories where it makes sense, near customers and where the business case is strongest.

Apple's greatest contribution to mankind will be health, says Tim Cook
Apple's smartphone business may not be going as well as the company would like it to, but Apple has a plan on how to mitigate this.

New all-electric vehicles will be offered for all Ford models, while there will be a more "targeted" line up of models in the future.

"This is not about making the business today more efficient but completely redesigning it", Ford's European president, Steve Armstrong, told the Financial Times. The company said it would start a voluntary buyout program and implement a flatter management system as it increases investment in areas such as electrification. In September, Jaguar Land Rover boss Speth warned that the wrong Brexit deal could cost tens of thousands of vehicle jobs and risks production at the firm.

"Britain's vehicle workers have been caught in the crosshairs of the Government's botched handling of Brexit, mounting economic uncertainty and ministers' demonisation of diesel, which along with the threat of a no-deal Brexit, is damaging consumer confidence". Its new Slovakian factory has a capacity of 150,000.

Trade war: China says U.S. talks 'laid ground' to resolve dispute
The S&P 500 Index has fallen about 7 percent since Trump and Xi agreed on a 90-day truce at their meeting in Argentina last month. The talks "improved mutual understanding and laid a foundation for resolving issues of mutual concern", the ministry said.

"Government ministers need to wake up and start doing more to support UK's vehicle workers and their colleagues in the supply chain if Jaguar Land Rover's recent success is to continue".



Other News

Trending Now

U.S. military veteran held in Iran
The State Department advises Americans not to travel to Iran "due to the risk of arbitrary arrest and detention". The New York Times noted that Iran did not acknowledge the arrest of Wang until July 2017.

Malta allows 49 migrants stranded off coast since December to disembark
Malta said another 78 migrants would be allowed to stay in Malta, and 44 Bangladeshi migrants would be sent back to their country. Malta last week allowed the boats to shelter near its coasts from the bad weather but would not let them disembark the migrants.

Wawrinka comments on Roger Federer, Rafa Nadal, Novak Djokovic's dominance
Williams will face Tatjana Maria in the first round, and could meet either Genie Bouchard or Peng Shaui in the second. Not just physically, but also mentally, to see that I could beat Grigor Dimitrov twice, he was top-10 at that time.

Australian police charge man over hazardous parcels sent to diplomatic offices
A man has been arrested after almost 40 suspicious packages were discovered at foreign embassies and consulates across Australia . Police alleged that the man had sent 38 parcels in all to consulates and embassies in Melbourne, Canberra and Sydney .

New York City mayor announces $100 million health care program
MAYOR BILL De Blasio (second from right) announces a plan to offer low-cost or free health insurance to low-income New Yorkers. New York City Mayor Bill de Blasio announced Tuesday that the city would be providing all residents with health care .

Suspected gunman in Jazmine Barnes murder has lengthy criminal history
O'Neal and a Houston police officer, Kenneth Miles , brought a cashier's check to the family last week to pay for the funeral. The family was stopped at a red light near a Walmart when shots shattered the vehicle windows, striking Jazmine in the head.

US Special Representative Zalmay Khalilzad On Afghanistan To Visit India
The war was waged by an worldwide coalition led by the United States in the wake of the September 11 terror attacks. He said the Taliban must endorse the constitution and hold talks within the framework of the Afghan government.

Serena Williams' legacy secure despite infamous US Open umpire row: Chris Evert
On the women's side, Serena Williams has her sights set on a record-tying 24th career Grand Slam. Australia Open is slated to be held from January 14 to 27 in Melbourne, Australia.

Lenovo’s Smart Clock is the Google Assistant’s answer to the Echo Spot
Hopefully, this is simply a hiccup of the location and the device being a demo unit and not a final product. That said, it does seem to very good at those things, especially if you want to be eased into your day.

No announcement yet on DRC election results
On Tuesday, Fayulu and six other presidential candidates issued a statement saying that the results "cannot be negotiated". He also told the Belgian newspaper Le Soir that Kabila could be honoured for ushering in a peaceful transition.