Thursday 17 January 2019
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timeslive - 7 days ago

Jaguar Land Rover to cut thousands of UK jobs

LONDON, Jan 10 (Reuters) - Britain s biggest carmaker Jaguar Land Rover (JLR) is set to announce substantial job cuts in the thousands, a source told Reuters, as the company faces double-digit drops in demand in China and a slump in sales for diesel cars in Europe. The company builds a higher proportion of its cars in Britain than any other major or medium-sized carmaker and has also spent millions of pounds preparing for Brexit, in case there are tariffs or customs checks.

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