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Europe's Auto Bloodbath Deepens: Jaguar Land Rover To Axe 4,000 Jobs After VW Targets 50,000 More Job Cuts
Europe's Auto Bloodbath Deepens: Jaguar Land Rover To Axe 4,000 Jobs After VW Targets 50,000 More Job Cuts
Europe's industrial base faces yet another setback, with Bloomberg reporting that Jaguar Land Rover plans to cut 4,000 jobs over the next two years. Britain's largest carmaker is confronting intensifying Chinese competition and adding to the broadening wave of planned and ongoing layoffs across European automakers.
The job cuts represent about 10% of Jaguar Land Rover's global workforce and is part of a $2.3 billion savings plan, Chief Executive Officer P B Balaji...
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Jun 7, 2026 / Tyler Durden
Korea "Black Monday": Kospi Halted For 20 Minutes After Crashing Almost 10%
Korea "Black Monday": Kospi Halted For 20 Minutes After Crashing Almost 10%
After the close on Friday, we said that on Monday, Korean stocks would be a "bundle of joy"...
Korea on Monday will be a bundle of joy
— zerohedge (@zerohedge) June 5, 2026
... are having a very bad day.
The sudden plunge triggered a circuit breaker, halting trading for 20 minutes. The Korea Exchange held an emergency meeting Monday to assess rising volatility and discuss measures to ensure stable market operations.
Concerns over overheating in the AI rally combined with uncertainty in the macro...
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May 3, 2026 / Tyler Durden
UK Schools Pushing Books On Kids Telling Them "There's Plenty Of Room" For Small Boat Migrants
UK Schools Pushing Books On Kids Telling Them "There's Plenty Of Room" For Small Boat Migrants
Authored by Steve Watson via Modernity.news,
British kids as young as five are now being read picture books that paint small boat crossings in glowing terms and urge them to open the door to unlimited migration.
While record numbers of illegal arrivals strain housing, schools and public services, left-wing charities are using taxpayer-backed programmes to turn classrooms into recruitment centres for open borders ideology.
More than 1,100 schools and nurseries across the UK have signed up to...
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May 18, 2026 / Tyler Durden
Five Dead After San Diego Mosque Shooting
Five Dead After San Diego Mosque Shooting
Updated: San Diego police responded Monday to reports of an active shooter at the Islamic Center of San Diego in the Clairemont area, where authorities say the threat was quickly neutralized but at least three people were killed five adults are reported dead, including the two suspected gunmen - who appear to have died from self-inflicted gunshot wounds.
🚨 NOW: The children at the Islamic Center active shooting in San Diego were EVACUATED by armed police officers, and the threat is reportedly gone
The school is PreK-3
Terrifying....
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