Jaguar Land Rover to cut 4,000 jobs

Jaguar Land Rover (JLR) is set to cut 4,000 jobs due to competition from China, US tariffs, and the transition to electric vehicles. The cuts will occur over the next two years and are expected to mainly affect office roles. JLR's long-term issues were worsened by a cyber-attack last year that caused production to halt for over a month.