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Jaguar Land Rover to cut 4,000 jobs over two years

The company targets about £1.7 billion, or $2.3 billion, in savings amid pressure from Chinese competition, a cyberattack, and US tariffs.

Reported · Written up by our desk · M&A & Deals

Jaguar Land Rover confirmed plans to cut 4,000 jobs over the next two years as it moves toward a broader cost-saving program, according to coverage by CNBC Markets and BBC Business.

The company said it is aiming for about £1.7 billion, or $2.3 billion, in savings, citing difficult trading conditions that include competition from China and the fallout from a cyberattack, CNBC Markets reported.

BBC Business added that the job cuts are also tied to the automaker’s transition to electric vehicles and the impact of US tariffs.

The Guardian framed the decision as a major blow for workers, linking the company’s challenges to tariff pressures and the cyberattack after it confirmed the plan to reduce headcount.

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