Workers at Jaguar Land Rover will hold a ballot on a deal aimed at avoiding compulsory job losses for two years in exchange for a one-year pay freeze, increased pension contributions and a four-day week.
The company, which in January announced the shedding of 450 managerial and salaried staff, said on Monday it had reached an agreement with union officials representing hourly-paid workers aimed at coping with a sharp drop in demand.

COMPANIES 

