Cost-Cutting Pact Puts Redundancies On Hold ; Automotive

Summary

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Unions at crisis-hit Jaguar Land Rover have staved off the threat of compulsory job-losses for two years after reaching a crucial framework agreement for a new round of cost-cutting.

The pact in the long-running talks safeguards the shopfloor jobs of hundreds of hourly-paid workers at JLR plants at Castle Bromwich, Solihull and Halewood. The deal reached with management will be recommended for acceptance in a workforce ballot of about 12,000 during the next three weeks.

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Cost-Cutting Pact Puts Redundancies On Hold ; Automotive

The agreement marks a huge step towards industrial peace at JLR, which is caught up in a vicious sales downturn in t...

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