Thousands at Jaguar Land Rover to be offered redundancies after falling profits
Jaguar Land Rover announced plans to propose up to 4,000 voluntary redundancies over the next two years as the company grapples with declining profits. The downturn follows a costly cyberattack earlier this year and the impact of U.S. tariffs on its vehicles, and could be spread across its UK and overseas plants. The move aims to reduce costs while the automaker reassesses its workforce strategy.