JLR Posts £451m Loss After Slashing 4,000 Jobs in Cost Drive

RecentNews.uk

JLR reported a £451m loss in its second-quarter earnings.

The carmaker confirmed a total of 4,000 jobs have been axed.

3,000 employees have already agreed to voluntary redundancy.

The cuts form part of a wider £1.7bn cost-cutting programme.

Can traditional UK carmakers successfully transition to electric vehicles without mass job losses?

Tap below to vote and see what others think.