Jaguar Land Rover eyes 4,000 job cuts in £1.7bn two-year savings drive

Tata-owned Jaguar Land Rover is considering cutting up to 4,000 jobs as part of a broad cost-reduction plan targeting £1.7 billion in savings over two years. The automaker aims to lower its break-even threshold to 300,000 vehicles as part of the restructuring effort. The announcement comes roughly a year after a significant cyberattack that disrupted the company's production operations. The potential layoffs could pose a challenge to Greater Manchester Mayor Andy Burnham's ambitions to reindustrialise the UK. No final decisions have been confirmed by the company at this stage.