Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Independent UK
The Independent UK
National
Via AP news wire

Jaguar Land Rover will cut 4,000 jobs to reduce costs and compete with China

Britain Jaguar Land Rover - (Copyright 2018 The Associated Press. All rights reserved.)

Jaguar Land Rover said Monday it will cut 4,000 jobs across its global workforce as it tries to cut costs and compete with Chinese electric carmakers.

Britain's biggest automaker said the job cuts will take place over the next two years as it targets 1.7 billion pounds ($2.3 billion) in savings to make it more competitive as the industry transitions to electrification.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.