Carmakers announce sweeping restructuring plans that will hit employees across EuropeLatest: JLR cutting 4,500 jobs worldwideFord plans sweeping job cutsFactories could closeNo-deal Brexit would make it worseEarlier:John Lewis bonus at threatHalfords shares tumble after profits warning 1.40pm GMT Here’s the details of JLR’s new investment in electric car technology, announced alongside its job cuts plan.Later this year, next-generation Electric Drive Units (EDU) will be produced at the company’s Engine Manufacturing Centre in Wolverhampton. These EDUs will be powered by batteries assembled at a new Jaguar Land Rover Battery Assembly Centre located at Hams Hall, North Warwickshire, reinforcing the company’s commitment to the West Midlands and the UK.“The Battery Assembly Centre will be one of the largest of its kind in the UK, using new production techniques and technologies to manufacture battery packs for future Jaguar and Land Rover vehicles. 1.36pm GMT JLK is planning to begin a voluntary redundancy programme in the UK, to remove layers of management.It says:“This strategic review will create a leaner, more resilient organisation with a flatter management structure.” Continue reading…
Via: Ford and JLR to cut thousands of jobs; John Lewis bonus at risk – business live
Categories: English News