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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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May 19, 2026 / Tyler Durden
Trump: May Have To Give Iran Another "Big Hit" - It Has "Two Or Three" Days To Come To Table
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Update(1140ET): President Trump has on Tuesday while fielding questions from reporters repeated his line that Iran is 'begging' for a deal. "They're begging to make a deal. I hope we don't have to do the war, but we may have to give them another big hit. We may have to give them another big hit. You'll know very soon."
His threat to give them another "big hit" was coupled with the assertion...
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Trump Says He May Meet with Kim Jong Un During Upcoming Asia Tour
President Donald Trump says he may meet North Korean Supreme Leader Kim Jong Un when he travels to China next month. In August, Trump said he would like to meet with Kim before the end of the year. When asked by reporters if he would meet with Kim when he attends the Asia-Pacific Economic Cooperation […]
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