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Jaguar Land Rover faces 4,000 job cuts as profits slump and UK rules out bailout

Jaguar Land Rover faces 4,000 job cuts as profits slump and UK rules out bailout

Jaguar Land Rover is preparing for a major restructuring as weak sales, higher costs, US tariffs and growing Chinese competition pressure its business. Reports suggest around 4,000 jobs could be cut over two years as JLR targets £1.7 billion in savings.