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The Independent UK
The Independent UK
Business
Ted Hennessey

Government rules out bailout for Jaguar Land Rover amid plans to cut 4,000 jobs

Jaguar Land Rover Jaguar JLR Jonathan Reynolds United Kingdom

Government state support will not be provided to Jaguar Land Rover, the Business Secretary confirmed, following reports the UK’s largest car manufacturer plans to cut 4,000 jobs.

The firm is anticipated to officially outline a major redundancy plan on Monday, with workforce reductions taking place across a two-year timeframe, according to The Times.

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