Jaguar Land Rover to cut 4,000 jobs globally over next two years
Jaguar Land Rover to cut 4,000 jobs globally over next two years
Mon, September 7, 2026 at 9:47 AM UTC
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LONDON, Sept 7 (Reuters) - Jaguar Land Rover said on Monday it would cut around 4,000 jobs globally over the next two years as part of a broader plan to reduce costs and improve competitiveness.
The company said it was targeting £1.7 billion ($2.30 billion) of savings and launching five new products over the next 12 months.
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($1 = 0.7384 pounds)
(Reporting by Sam Tabahriti; editing by William James)
Source: “AOL Money”
