24 Hrs
Source:
The Guardian
Jaguar Land Rover plans layoffs after profits fall
Jaguar Land Rover plans to offer voluntary redundancies to thousands of employees due to a sharp revenue decline caused by a cyber-attack, US tariffs, and falling sales. Up to 4,000 jobs could be cut over two years as the company seeks to save around £1.7 billion. The company, owned by Tata Motors, faces financial challenges amid industrial and market pressures, including a recent cyber-attack and tariff impacts in the US.
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