Jaguar Land Rover has opened a voluntary redundancy program for salaried and management staff.
Financial Times reports the plan could shed up to 4,000 jobs.
JLR says it aims to lower its break-even point to around 300,000 vehicles built annually.
Jaguar Land Rover has opened a voluntary redundancy program for salaried and management staff as it chases £1.7 billion (about $2.2 billion) in savings over the next two years.
A JLR spokesperson confirmed the company is opening a voluntary redundancy program for salaried and management employees but did not provide a headcount. The 4,000 estimate comes from Financial Times, not from JLR itself.
