Jaguar Land Rover (JLR) will cut 4,000 jobs over the next two years due to mounting challenges including Chinese competition, US tariffs, and the shift to electric vehicles.

• The job cuts, affecting mostly head office staff in the UK, aim to save £1.7bn.
• Jaguar Land Rover (JLR), which employs 43,000 globally, is implementing these measures after a cyber-attack and declining sales.
• JLR is offering voluntary redundancies until October 4, but may resort to compulsory redundancies if needed.