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Jaguar Land Rover 'to announce 5,000 job losses' as demand for diesel cars falls

News Summed Up 2019-01-10 05:30:00

Get daily news updates directly to your inbox Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Could not subscribe, try again later Invalid EmailCar giant Jaguar Land Rover is set to announce some 5,000 job losses in its latest business update on Thursday, according to reports. A source told Reuters that the carmaker would announce "substantial" job losses totalling in the thousands as the firm launches a ÂŁ2.5bn plan to reverse losses. Video Loading Video Unavailable Click to play Tap to play The video will start in 8 Cancel Play nowNearly 90 per cent of Jaguar Land Rover's vehicles are diesel-powered. Business Secretary Greg Clark said Jaguar Land Rover "have always been clear their success depends on exports including to the rest of the EU, [to which] tariffs would be disastrous." Earlier this week, it was reported that Jaguar Land Rover had suspended a worker pictured posing in a mock suicide vest inside the Solihull plant.