Jaguar Land Rover workers face job cut fears after £90m loss
by Jasper Jolly from Economics | The Guardian on (#41ZTC)
Carmaker has 2.5bn plan to reduce costs as sales fall in China and Europe
The 40,000 British employees of Jaguar Land Rover face the prospect of further job cuts after Britain's biggest carmaker launched a 2.5bn plan to reduce costs and free up cash.
JLR announced its intentions on Wednesday after slumping 90m into the red in the three months to September, hit by falling sales in China and Europe.
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