5,000 jobs set to go at Jaguar Land Rover
Jaguar Land Rover (JLR) is set to announce 5,000 job cuts today as part of a £2.5bn cost-cutting plan as the company battles headwinds in China and uncertainty caused by Brexit.
It is thought that management, marketing and administrative roles are expected to be hardest hit while some production staff may also be affected.
One in eight jobs are under threat at the car giant, which had until recently been seen as the jewel in Midlands manufacturing.
However it has been struggling to maintain sales volumes this year, with mont... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...