Thursday, 24 January 2019
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Jaguar Land Rover to Cut 4,500 Jobs, Starting in Britain
Friday, 11 January 2019 18:46 WIB | GLOBAL |Global

Jaguar Land Rover said Thursday it will cut 4,500 jobs as the carmaker addresses slowing demand in China and growing uncertainty about the U.K.'s departure from the European Union.

The luxury carmaker, owned by India's Tata conglomerate, said the cuts will be in addition to 1,500 people who left the business in 2018. The cost-cutting program will begin with a voluntary reduction program in the U.K., where some 44,000 people are employed.

The latest job losses follow on from last year's 2.5 billion-pound ($3.2 billion) turnaround plan that was designed to deal with many of the headwinds facing the company ” Brexit, rising trade tensions between China and the U.S. and new European emissions standards combined to push Jaguar into the red in the three months to Sept. 30, compared with the same period the year before. The company also announced further investment in electrification.

Source : VOA

RELATED NEWS
Thousands of Protesters in the Opposition of Venezuela Demonstration in Caracas...
Thursday, 24 January 2019 11:35 WIB

Ribuan rakyat Venezuela memenuhi jalan-jalan hari Rabu (23/1), menuduh Presiden Nicolas Maduro merebut kekuasaan dan mereka bergabung dengan gerakan oposisi yang bangkit kembali di negara itu. Mereka ...

Russia Presents Info on Missile US Says Violates Pact...
Wednesday, 23 January 2019 23:37 WIB

Militer Rusia, Rabu (23/1), memperkenalkan sebuah misil baru dan mengungkapkan spesifikasinya sebagai upaya untuk mengonter klaim AS bahwa senjata itu melanggar sebuah pakta senjata nuklir. Militer i...

Fed to probe Deutsche Bank over Danske...
Wednesday, 23 January 2019 21:00 WIB

Federal Reserve sedang memeriksa bagaimana Deutsche Bank AG menangani miliaran dolar dalam transaksi mencurigakan dari pemberi pinjaman terkemuka Denmark, menurut sumber, semakin mengintensifkan apa y...

Israeli Air Attack in Syria Kills 21 People...
Wednesday, 23 January 2019 11:22 WIB

Serangan udara Israel di Suriah hari Senin (21/1) menewaskan sedikitnya 21 orang. Di antara korban kabarnya terdapat 12 anggota Pengawal Revolusi Iran. Putaran terbaru bentrokan antara Israel dan Ira...

Russian Court Denies Bail to Former US Marine Accused of Spying...
Wednesday, 23 January 2019 04:27 WIB

Sebuah pengadilan di Rusia telah menolak permohonan pembebasan dengan jaminan yang diajukan seorang lelaki Amerika, yang ditahan atas dakwaan spionase. Paul Whelan, yang berkewarganegaraan Amerika da...

LATEST NEWS
Thousands of Protesters in the Opposition of Venezuela Demonstration in Caracas

Thousands of Venezuelans filled the streets on Wednesday (23/1), accusing President Nicolas Maduro of taking power and they joined the movement to save the resurgent in the country. They demanded that Maduro return from his previous position which...

Topix Pares Early Declines as Technology Stocks Stage Rebound

Japan™s Topix index pared earlier losses, bolstered by a rally in technology companies. Declines in railway operators and service companies weighed on the market. Electronics makers contributed most to the benchmark™s rebound from a 0.6...

Gold Rises as Investors Weigh Growth, Trade Concerns

Gold advanced amid rising concern over global growth, and as investors awaited fresh developments on U.S.-China trade talks. White House Council of Economic Advisers Chairman Kevin Hassett said if the partial U.S. government shutdown extends...

POPULAR NEWS
Gold dips on firm dollar and rise in risk appetite
Tuesday, 22 January 2019 05:11 WIB

Gold slipped to its lowest in almost a month on Monday as a firm dollar and greater risk appetite outweighed support from an expected pause to...

Gold Prices Fall to 2019 Low
Monday, 21 January 2019 20:07 WIB

Gold prices declined on Monday, falling to their lowest level of the year as investor risk appetite held up despite the latest data showing China's...

Emas berakhir sedikit lebih tinggi terkait meningkatnya ketegangan dagang AS-China
Wednesday, 23 January 2019 02:57 WIB

Emas berjangka berubah lebih tinggi pada penyelesaian Selasa dengan meningkatnya ketegangan menyusul laporan bahwa AS membatalkan pertemuan dengan...

Gold Prices Bounce Off 3-Week Low Amid Global Growth Woes
Tuesday, 22 January 2019 20:28 WIB

Gold prices bounced off their lowest level in around three weeks on Tuesday, as worries about a global economic slowdown boosted appetite for safe...