Jaguar Land Rover slashes workforce

From the Dept. of Bad News and Ill Tidings comes this: Jaguar Land Rover to lay off ten percent of its workforce. They’re blaming Brexit and falling sales in China. Also something about diesel, but we stopped paying attention at that point.

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Hmmm…that does not bode well for the marque’s future.

Bloomberg on what’s going on:

https://www.bloomberg.com/opinion/articles/2019-01-10/ford-and-jaguar-land-rover-job-cuts-are-just-the-start