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JLR takes to job cuts in India to achieve agility
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SME Times News Bureau | 08 Mar, 2021
Tatas-owned Jaguar Land Rover (JLR) is reducing its workforce in India
in a bid to cut cost along with become an agile organisation.
In
a statement, JLR said that its future strategy not only includes plans
for our brands and vehicles, but also how we will reimagine our entire
business.
"As we begin our journey for becoming an agile
organisation, it's imperative that we make every possible efficiency
right from the start, including finding the right baseline cost for our
workforce," it said.
With a renewed imperative to prioritise
value creation through quality and profit-over-volume approach, the
company said that it is in the process of creating a flatter structure
designed to empower employees to create and deliver at speed and with a
clear purpose.
"We need to reduce the cost base to achieve a lean
foundation, which will allow us to transform most effectively into a
more agile organisation," it said.
The organisational design
activity that has already begun means that some functions within the
business may increase in size and others may reduce to reflect the
future vision, it added.
"Efficiencies are required at every
level to allow us to continue to invest and fund our future. This
reorganization activity, in India, also includes re-deployment and
additions within our overall organization, basis skills match in
different parts of our business," said the JLR statement.
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