Growth was driven by a 19.9 per cent hike in the Chinese market, while sales in North America and other overseas territories were up by 4.7 per cent and 3.4 per cent respectively.
Job losses will focus on the Solihull plant near Birmingham, which builds Range Rovers and the Land Rover Discovery and employs a total of 10,000 people.
Much of the slump was down to the monumental dive in diesel sales, which fell by 16 per cent on the back of additional surcharges and changes to VED introduced by the Government last April.
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The UK's biggest carmaker blamed the "continuing headwinds" affecting the auto industry for the move.
However, in a JLR statement made on Friday, the manufacturer said: 'In light of the continuing headwinds impacting the vehicle industry, we are making some adjustments to our production schedules and the level of agency staff.
It said it was continuing to recruit large numbers of engineers and apprentices and it remained committed to its United Kingdom plants.
Solihull and the nearby Castle Bromwich site are expected to be hit by production cuts.
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JLR public relations manager Kim Palmer said: "As is standard business practice, Jaguar Land Rover regularly reviews its production schedules to ensure market demand is balanced globally".
Last year, JLR's British plants - which also includes the factory in Halewood - produced 532,107 vehicles last year.
"Ongoing uncertainty surrounding Brexit is being felt by customers at home and in Europe", the company said in January.
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In a statement, JLR referred to Brexit and diesel taxes obliquely as "headwinds".