Jaguar Land Rover to cut 4,000 jobs worldwide for cost savings
Euronews reports that Jaguar Land Rover plans to cut approximately 4,000 roles globally over the next two years to save costs.
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According to Euronews, Jaguar Land Rover has announced that it will cut around 4,000 roles worldwide over the next two years.
The carmaker stated that the job reductions form part of a broader plan to simplify its organisation.
Through these measures, the company aims to generate £1.7 billion, equivalent to €2bn, in cost savings.
Source: Euronews. Read the original report ↗
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This brief is based on reporting by Euronews.