Land Rover cuts 450 jobs

Jaguar Land Rover is cutting 450 white-collar jobs in its UK operation, as the economic downturn continues to hit sales at the…

Jaguar Land Rover is cutting 450 white-collar jobs in its UK operation, as the economic downturn continues to hit sales at the Indian-owned manufacturer.

The company, which only resumed production this week after a three-week break, will cut 300 management positions and a further 150 salaried agency personnel. As a further cost reduction measure, managers will not receive bonuses in 2009 and any management pay increases have been deferred to October 1st at the earliest.

The company, owned by Tata Motors of India, axed 850 agency workers last year and is currently seeking just over 500 volunteers for redundancy from the hourly-paid production staff.