Jaguar Land Rover is to cut 4,500 jobs – most of them in the Midlands – as it looks to save £2.5 billion.
The firm is blaming falling demand in China, the decline in diesel vehicle sales and the uncertainty around Brexit.
Most of the cuts are expected to be in the UK and will be made over the next 18 months.
There has also been some good news for the workforce and the region, as the company announced further investment in the production of electric vehicles.
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