Why Jaguar Land Rover's job cuts will do little for its turnaround plans

Operational expenses have risen faster than staff costs. Wouldn't that be a place to start?

The UK luxury unit of India’s Tata Motors Ltd. will eliminate 4,500 positions globally as part of a 2.5 billion pound ($3.2 billion) cost-cutting program outlined in November, according to a company announcement Thursday. 

The savings will be relatively minor. Workforce reductions are now standard in an industry struggling to deal with rising costs from technology, pricier materials, and U.S. President Donald Trump’s tariffs.

In its release, the company said this was the next phase of a transformation program that started in its fiscal second quarter through September. JLR said its “Charge and Accelerate” initiatives had identified more than 1 billion pounds