Jaguar Land Rover Reports £451m Quarterly Loss and Cuts 4,000 Jobs

Jaguar Land Rover, the British carmaker owned by the Indian conglomerate Tata, reported a quarterly loss of £451m on 13 November 2026 and said it is cutting 4,000 jobs. The company reported £5.9bn in revenue for the July to September period.

The company recorded £530m in costs linked to job cuts announced near the end of that quarter. JLR has confirmed 3,000 of the cuts, and most of those people are due to leave at the end of November. The company expects the vast majority of the reductions to come through voluntary redundancies, meaning staff who choose to leave rather than being dismissed.

JLR said it was in profit from operations once restructuring costs, the expenses of reorganising a business, are set aside. It said falling sales in China and the Middle East had weighed on its results.

The company has started producing electric Land Rovers, beginning with the flagship Range Rover built at its Solihull plant.

Chief executive PB Balaji called for the EU and Britain to work together in the face of competition from China.