Jaguar Land Rover wields the axe with 'up to 5,000 jobs at risk' 

Thousands of jobs are set to be axed at Jaguar Land Rover in the New Year as it clambers to turnaround the business.
JLR – Britain's largest carmaker – could cut as many as 5,000 roles from its 40,000 workforce, claims the Financial Times.
The firm has embarked on a two-year cost-cutting exercise as it suffers from sliding demand for diesel and poor sales in China.
It is expected to reveal details of the job losses in January when it sets out its short-term strategy to revive its fortunes.
JLR has already slashed 1,000 jobs from its factory in Solihull. 
JLR declined to comment. 
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