[Jaguar Land Rover plans to cut 4,000 jobs in two years] September 7th, China-Singapore Jingwei quoted the Financial Times Chinese website as reporting on the 7th that Jaguar Land Rover plans to cut up to 4,000 jobs in the next two years. Jaguar Land Rover said it has informed colleagues and union partners that it will launch a voluntary redundancy program to provide salaried employees and management team members with the opportunity to leave. The company added, "We must further streamline our organizational structure, improve efficiency, and build greater resilience." According to the report, Jaguar Land Rover did not disclose the specific scale of layoffs. However, a person familiar with the matter said that as many as 4,000 employees will be affected. Jobs at the company's production facilities will not be affected, the person added. Jaguar Land Rover CEO PB Balaji announced a plan in June to cut costs by 1.7 billion pounds and shift to the US market, striving to achieve breakeven with annual sales of about 300,000 vehicles (instead of the current 380,000 vehicles).