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JLR targets over $2 billion savings with workforce resizing

JLR, owned by Tata Motors, is targeting more than $2 billion in savings over the next two years and resizing its workforce as it streamlines operations, a spokesperson said.

TMCV

Tata Motors-owned JLR is targeting more than $2 billion of savings over the next two years as it resizes its workforce to streamline the business. "We need to adapt to evolving global market conditions," a JLR spokesperson said in an emailed statement.