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General · 5 hours ago

Jaguar Land Rover to cut 4,000 jobs; minister rules out bailout

Jaguar Land Rover to cut 4,000 jobs; minister rules out bailout

Jaguar Land Rover is anticipated to reveal a significant redundancy initiative on Monday, resulting in the elimination of up to 4,000 positions. Jonathan Reynolds, the Business Secretary, stated that the car manufacturer would not receive a bailout. The company is opening a voluntary redundancy scheme for salaried and management staff.

Reported by standard.co.uk · How we write briefs

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