Jaguar Land Rover Announces 4,000 Job Cuts in Major Cost-Saving Drive

Tata-owned Jaguar Land Rover confirmed plans to cut 4,000 jobs over the next two years to achieve £1.7 billion in savings.

The restructuring follows a challenging period for the carmaker, which faced a significant cyber attack and declining sales volumes.

The UK government has ruled out a bailout, placing pressure on the company to reach its target of 300,000 vehicles produced annually.