Jaguar Land Rover opens voluntary redundancy program in $2.3B cost-cutting drive

British carmaker Jaguar Land Rover (JLR) has opened a voluntary redundancy program for salaried and management staff as part of a sweeping multibillion, cost-cutting campaign. The Tata Motors-owned vehicle manufacturer confirmed the voluntary exit scheme for white-collar staff over the weekend as it moves to lower its global operational break-even threshold to 300,000 vehicles annually. While unconfirmed British media reports indicate the two-year operational overhaul could impact up to 4,0