Business · 1 hour ago
Jaguar Land Rover offers voluntary redundancies to save £1.7 billion
The largest British automotive manufacturer, Jaguar Land Rover, has initiated a voluntary redundancy scheme targeted at its salaried and management employees. The firm intends to achieve savings of approximately £1.7 billion in the upcoming two years, having experienced various setbacks, including a cyber attack and new tariffs. Reports on Friday indicated that job losses might reach 4,000, although JLR has not confirmed specific figures.
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