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Jaguar Land Rover to 'cut thousands of jobs'

Jaguar Land Rover to 'cut thousands of jobs'

Business
Jaguar Land Rover (JLR) is expected to announce plans to cut thousands of jobs as part of £2.5bn plan to reverse losses. The British company, which employs 44,000 in the UK and cut 1,000 temporary contract workers at its plant in Solihull last year, has been hit by poor sales in China and a drop in demand for diesel cars.JLR posted a £90m loss in October and announced plans to save £2.5bn, including £1bn of costs cuts.At the time, it did not say how many jobs would be lost, although the Financial Times reported in December up to 5,000 jobs could go.JLR, owned by India's Tata Motors, operates factories in Halewood, Solihull, Castle Bromwich and Wolverhampton.In its biggest market, China, the car industry recorded its first slump in sales in more tha...
Jaguar Land Rover 'to cut 1,000 jobs'

Jaguar Land Rover 'to cut 1,000 jobs'

Business
Jaguar Land Rover is to shed 1,000 jobs and cut production at two sites, according to reports.The carmaker said it would make an announcement to employees on Monday regarding its production plans for 2018/19.It added: "In light of the continuing headwinds impacting the car industry, we are making some adjustments to our production schedules and the level of agency staff."We are however continuing to recruit large numbers of highly skilled engineers, graduates and apprentices as we over-proportionally invest in new products and technologies."We also remain committed to our UK plants in which we have invested more than £4bn since 2010 to future-proof manufacturing technologies to deliver new models."Production will be cut at the Castle Bromwich and Solihull sites, with affected staff based a...
Steve Jobs' error-filled pre-Apple CV on sale

Steve Jobs' error-filled pre-Apple CV on sale

Technology
An error-filled job application written by Steve Jobs before he co-founded Apple could fetch more than $ 50,000 (£35,700) at an auction next month.The handwritten document, which dates back to 1973, lists "electronics tech" and "design engineer" among his "special abilities" and boasts of his adeptness with computers and calculators.Mr Jobs, who penned the application as a teenager having dropped out of Reed College in Portland after just six months, also noted that he had an "english lit" degree and a driving licence.:: Looking back on ten years of iPhoneImage:The late Apple CEO was keen to find a job in tech after leaving collegeHowever, further down he admitted that access to transportation was only "possible, not probable".And the youngster who would go on to invent the iPhone was also...
Steve Jobs' sweet ride is part of high-end car auction

Steve Jobs' sweet ride is part of high-end car auction

Technology
A sleek sports car once owned by Steve Jobs could sell for over $ 300,000 at a December auction — practically pocket change compared to some of the million-dollar vehicles that will be offered alongside it. The Apple founder's 2000 BMW Z8 convertible is among about 30 sets of hot wheels that will be offered by a variety of consignors at the Dec. 6 sale in Manhattan. Bidders at the fantasy-fueled RM Sotheby's auction might steer toward a handsomely earth-toned 1961 Ferrari 250 GT Cabriolet Series II by Pininfarina, which has a pre-sale estimate of about $ 1.5 million to $ 1.8 million. They'll also have the chance to peruse a white, "ultimate street-legal" 1995 Porsche 911 GT2, which has a pre-sale estimate of about $ 1.1 million to $ 1.4 million, and a red 1952 Chrysler D'Elegance by Ghia,...
Rise of robots 'could cost 15 million jobs' in UK

Rise of robots 'could cost 15 million jobs' in UK

Technology
Robotics and artificial intelligence will reduce social mobility in the UK, the chief executive of the Sutton Trust has told Sky News."The rise of robotics is taking away the traditional ladders of opportunity in the workplace," Lee Elliot Major said."What we're worried about is that those are taking the paraprofessional jobs - the jobs that were the stepping stones for people to rise up the social ladder."People from poorer backgrounds will be disproportionately affected because those are the people that have these jobs normally."In a report, the Sutton Trust said that only 29% of people believe today's youth will have a better quality of life than their parents - down from 42% in 2003.:: Sky Views - Why I'm backing robots over humansVideo:Robots created with 'human' social skillsThe repo...