Jaguar Land Rover set to axe 5,000 jobs over Brexit and diesel fears

British marque has also been hit by sales slump in China

JLR
(Image credit: Leon Neal/Getty Images)

Jaguar Land Rover is reportedly planning to cut around 5,000 jobs in the new year as it seeks to mitigate the impact of Brexit, the decline of diesel cars and slow sales in China. The move would save the company £2.5bn.

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