Business

Jaguar Land Rover to Cut Jobs Amid Cost-Saving Drive

Updated 2026-09-07 13:10 UTC 1 source Negative

Luxury carmaker Jaguar Land Rover plans to cut 4,000 jobs over two years as part of a major cost-saving initiative. The company aims to save £1.7 billion amid competition from China and other challenges.

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CNBC
The luxury carmaker is targeting £1.7 billion ($2.3 billion) in savings as it faces Chinese competition, a cyberattack and U.S. tariffs.
2026-09-07 11:50 UTC
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