THE recession came to Solihull with a bang this week as more than 900 job losses were announced at Jaguar Land Rover and budget airline bmibaby.
The job losses, the bulk of which are at the car manufacturer, came shortly after Jaguar Land Rover were believed to be in talks with the Government over a s1 billion emergency loan.
of the Parkgate go-ahead see page 3 and to read about the bmibaby cutbacks bmibaby has announced it will be suspending flights from Birmingham International Airport to five European destinations, with 65 staff losing their jobs.
And though the ambitious Parkgate scheme to redevelop Shiley was finally given the go-ahead this week by the Government, it emerged further delays are likely as the developers seek to get additional retail tenants to sign up to the scheme.
Jaguar Land Rover announced the loss of 850 jobs yesterday.
Agency staff from across the West Midlands - including some of those based at the Lode Lane plant - will soon be out of work.
The contract workers, who are mostly employed in the IT and engineering fields, are the latest casualties of difficult trading conditions.
A spokeswoman for Land Rover was yesterday unable to confirm how many jobs would be lost from the Solihull factory in particular, but said that this would be decided over the next few weeks.
At present the business has a pool of 1,700 agency staff, but this weeks news will see this figure slashed in half.
Mark Foster, JLR spokesman, said: "Global car market conditions remain severe. We have to take responsible and rapid action to ensure our business is aligned and right-sized for the challenging environment we face."
It has been a tough few months for the car giant, who are already cutting back production and recently scrapped night shifts at the Lode Lane factory.
It was rumoured earlier this week the company was in secret talks with the Government in an attempt to negotiate a s1 billion loan. Jaguar Land Rover would not comment on the speculation.