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    No bailout for Jaguar Land Rover, says Minister

    1 week ago

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    The UK Business Secretary has confirmed there will be no bailout for Jaguar Land Rover (JLR) amid reports of 4,000 job cuts. JLR plans to announce a redundancy program, with job losses spread over two years. The company is recovering from a cyberattack and aims to save approximately £1.7 billion while adapting to market conditions.
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