Article 1J7AY Multinationals warn of job cuts and lower profits after Brexit vote

Multinationals warn of job cuts and lower profits after Brexit vote

by
Graham Ruddick
from on (#1J7AY)

JP Morgan, Airbus and Ford say they will review UK operations as analysts warn of serious implications for City workforce

Thousands of jobs are at risk in the UK after some of the world's largest companies warned they could relocate their British-based operations on the back of the EU referendum result.

The investment bank JP Morgan, airplane maker Airbus and car manufacturers Toyota and Ford all said they will review their investments in the UK after the country voted to leave the European Union.

Related: Bank of England promises 250bn to calm markets after Brexit vote - live updates

Feels strange and unsettling following the vote but we are the same, our company is the same, and our job is the same. Making people happy

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