Jaguar Land Rover shutdown driving suppliers to cut jobs and reduce hours - survey
Yahoo Finance·2025-09-26 14:56

Group 1 - Jaguar Land Rover (JLR) has halted production due to a cyberattack, impacting businesses in the West Midlands region of Britain [1][2] - The government is considering financial support for JLR, which is owned by Tata Motors, as the production shutdown has been extended until October [1][2] - JLR's three factories produce approximately 1,000 cars per day and are crucial for local employment [2] Group 2 - A survey of 84 businesses, representing nearly 30,000 employees, revealed that over 75% were negatively affected by the cyberattack [3] - 45% of surveyed businesses reported significant financial impacts, including loss of revenue or increased costs, while 35% reduced staff hours and 14% made redundancies [3] - 79% of the participating firms were part of JLR's supply chain, indicating widespread repercussions across the automotive sector [4] Group 3 - The Black Country's automotive supply chain employs around 13,000 people, highlighting the extensive ripple effects of the cyberattack on the local business community [4] - Over half of the businesses surveyed expressed a desire for a financial support package to mitigate the impacts of the shutdown [5]