Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Jaguar Land Rover, a multi-national group that operates in the automobile sector, has announced that it is to create 600 new jobs at sites that it operates in the Midlands region of the UK.
The announcement of the new jobs follows the firm being taken over by Tata, an Indian multi-national group. The sites that the firm operates in the Midlands are based in Solihull, Castle Bromwich, Whitley and Gaydon. The majority of the new jobs are expected to be based in Gaydon. The majority of the new jobs will be for engineers, but it is expected that jobs in purchasing, finance, and human resources will also be created.
David Smith, Chief Executive of the firm stated, ‘This recruitment drive demonstrates Jaguar Land Rover's confidence in our future. With our new owners, we have entered an exciting era with stunning new models and ambitious technologies. I can't remember a better time to be part of the British car industry, and certainly it is a brilliant time for Jaguar Land Rover.’
Jaguar Land Rover employs approximately 16,000 in the UK. As of June 2008, there is no information on when the new jobs will be created by.
Additional information on takeover by Tata of Jaguar and Landrover is available on the European Industrial Relations Observatory (EIRO).
Eurofound (2008), Jaguar Land Rover, Merger/Acquisition in United Kingdom, factsheet number 66761, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66761.
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