UK: Land Rover puts redundancies into 4-wheel drive
Only one week after pledging £130m in investment to it's Solihull, UK plant, Land Rover is pushing 800 staff to volunteer for redundancy. Land Rover, the Ford-owned manufacturer, is hoping to reduce its 10,000 workforce as part of plans to turn the profit corner inside 2-years. Nearly 300 volunteers have so far been found to take advantage of the package - guaranteed by Ford in its £1.8bn deal with BMW - until May next year.
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