Tata-owned Jaguar Land Rover is reportedly planning to cut 4,000 jobs as part of a £1.7 billion savings plan following a decline in sales.
The carmaker is targeting a break-even point of 300,000 vehicles per year, a goal complicated by a recent cyber attack and market pressures.
A UK government minister is scheduled to meet with the company's leadership to discuss the restructuring, though officials have ruled out a bailout.