
Jaguar Land Rover to 'cut thousands of jobs'
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...