Jaguar Land Rover Braced To Recruit Twitter And Facebook's Ousted Workers

  • Tata Motors Ltd TTM Jaguar Land Rover looked to recruit workers fired by technology companies like Meta Platforms Inc META and Twitter Inc to fill digital and engineering vacancies.
  • The luxury carmaker wants to hire about 800 workers across the U.K., U.S., Ireland, India, China, and Hungary, Bloomberg reported.
  • The jobs include autonomous driving, artificial intelligence, electrification, cloud software, data science, and machine learning.
  • Tech companies are trimming staff and slowing hiring as they face higher interest rates, sluggish consumer spending, and a strong dollar. 
  • Facebook parent Meta is cutting about 11,000 jobs, the first significant round of layoffs in the social-media company’s history
  • At the same time, under new owner Elon Musk, Twitter has imposed deep cuts and seen many workers quit.
  • JLR looked to hire tech workers with skills essential to develop and build the carmaker’s next generation of electric cars.
  • Price Action: TTM shares are up by 1.13% at $25.57 on the last check Friday.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsTechMediaBriefs
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!