Jaguar Land Rover to ‘axe up to 5,000 jobs’

Analysts say carmaker will outline job cuts in new year as part of drive to combat Brexit and falling sales

Jaguar Land Rover is planning to announce thousands of job cuts in the new year as part of a £2.5bn savings plan to ward off the threat from Brexit, falling sales in China and a drop in demand for diesel cars.

Britain’s biggest carmaker employs 40,000 in the UK and has already cut 1,000 temporary contract workers at its plant in Solihull, which builds Range Rovers and the Land Rover Discovery SUV. It has also reduced working hours for some workers, including at its Wolverhampton factory in the run-up to Christmas.

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