Jaguar Land Rover is a car brand from Great Britain. The firm makes a sad announcement now. In the next 2 years, 4.000 jobs go away. This is one tenth of all jobs in Great Britain.
The firm wants to save money. The goal is 1.7 billion pounds. This is almost 2 billion euro. Many things bring trouble. China makes much competition. New rules for trade from Donald Trump hurt the business too.
Last year brings a bad cyber attack. Hackers attack the computers of the firm. This costs much money. The boss of the firm is P.B. Balaji. He says: The car industry has a hard time now. Many tech changes happen.
The government of Great Britain gives no money. The ministers want to help in other ways. The profits of Jaguar Land Rover go down a lot. Bosses and researchers lose their jobs first. The workers in the factory keep their jobs.
