What do the Brexit cheerleaders have to say about Jaguar Land Rover job losses now?
Road to ruin: A Land Rover Discovery. Last time I used this shot I said it was presumably on its way to Slovakia, leaving a blasted wasteland where its Midlands manufacturing base once stood. It would be nice to think that was a pessimistic opinion – but the outlook is not good.
I seem to recall some Vox Political readers saying this wouldn’t happen.
“How many times are we going to get empty threats from rabid remainers?” asked resident Brexiteer Barry Davies.
Chris Cooke Snr proclaimed: “We’ve had over 45 years of our industries being wrecked by EU rule. Some may cut and run after Brexit – but I seriously doubt it. On balance a UK free to trade across world markets would rebuild our industries.”
Oh really?
Here‘s the BBC:
“Jaguar Land Rover (JLR) has confirmed it is cutting 4,500 jobs, with the substantial majority coming from its 40,000 strong UK workforce.
“The firm has … complained about uncertainty caused by Brexit.
“The firm, which is owned by Indian conglomerate Tata, made a £90m pre-tax loss in the three months to September 30, a major reversal from the £385m profit of the previous year.”
In fairness, we’re told most of the redundancies will be in office roles as the company wants to simplify its management structure.
But the cuts come on top of last year’s 1,500 job losses, meaning 6,000 will go in total – so far.
What next?
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Jaguar is at the top end of the so called market, trade is slumping for pretty obvious reasons as the levels of personal debt climb, that is what is affecting Christmas sales downturn but to listen to the BBC for example, everything is down to uncertainty of Brexit! This is what is important to understand: https://www.youtube.com/watch?v=PFnrWbo6uJA
there are masny factors, which all point to even if brexit is a good idea, which it manifestly isn’t, its timing is terrible!
Is there any good news from the UK automotive industry, all I’ve heard today is a succession of bad news from JLR, Ford, Honda and Toyota.
The jobs being lost at JLR are predominantly in development and R & D. If these jobs are moved overseas we will loose critical skills in this country and JLR in the UK will become nothing more than a final assembly plant, if we are lucky.
Like so many other British jobs indeed entire industries Eu membership means they have been transferred to east EU nations, additionally the imbecilic yo yoing by the Eu in diesel, most land rovers have Diesel engines has harmed sales, a perfect EU created storm.
Brexit is a self inflicted wound, we can only hope it doesn’t turn out to be a fatal one for the UK economy
Agree with you meryl. Just look on the packaging of so many of “our” products to see where they are now being made. Also the folly of diesel good:diesel bad flip-flopping.
http://www.telegraph.co.uk/politics/2019/01/10/eu-rules-left-slovakia-free-entice-jaguar-land-rover-uk-110m/
It’s called market forces, big business going for cheap slave labour.
Welcome to the EU home of modern slave labour.
http://www.telegraph.co.uk/politics/2019/01/10/eu-rules-left-slovakia-free-entice-jaguar-land-rover-uk-110m/
Strong and stable tory strikes again, we need a General Election and a clearout of trash along with accountability and responsibility of ministers for there decisions
I actually heard a Brexiter saying that it was, “A price worth paying.” Needless to say the self centred clown who uttered this remark isn’t losing his job, …yet.