00:00Jaguar Land Rover is preparing for a round of voluntary redundancies as it tries to cut costs and strengthen finances.
00:08The company has confirmed salaried and management staff can apply to leave, although it's not confirmed how many jobs could
00:15go.
00:16Reports suggest as many as 4,000 posts may be affected over two years.
00:22JLR employs tens of thousands of people in Britain with major operations here in the West Midlands.
00:28So any significant reduction would be felt well beyond the company itself.
00:33The carmaker says it needs to save around £1.7 billion as it responds to difficult global trading conditions.
00:42Recent pressures include weaker sales, tariffs in the United States and the aftermath of last year's cyber attack, which halted
00:51production.
00:52Business Secretary Jonathan Reynolds is due to meet JLR executives and unite the union representatives.
00:59He says the government wants to reduce the impacts of job losses, but has ruled out a bailout.
01:05Ministers have left open the possibility of supporting longer term industrial investment.
01:11Unite says it wants action to protect jobs and avoid compulsory redundancies.
01:17JLR says the program is voluntary and aimed at making the business more efficient and resilient.
01:24For workers across the region, the key question is how many roles ultimately disappear.
