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Jaguar Land Rover (JLR) announced plans to eliminate 4,000 jobs globally over two years as part of a £1.7bn cost-saving drive. The cuts are driven by U.S. tariffs under Donald Trump, Chinese competition, the electric vehicle transition, and fallout from a cyber-attack.
Jaguar Land Rover has confirmed plans to cut up to 4,000 jobs to save £1.7 billion over two years, citing Trump tariffs, Chinese competition, and a major cyber attack. The UK government has ruled out a bailout, leaving JLR to navigate the downturn alone.
