All news
Politics
Business
Technology
Incidents
Sports
Weather
Science
Entertainment
World
Real Estate
AI News
Jaguar Land Rover cuts 4,000 jobs worldwide to reduce costsPhoto by opollophotography on Pexels
Business

Jaguar Land Rover cuts 4,000 jobs worldwide to reduce costs

Euronews Portugal8 September 2026 at 10:02

Jaguar Land Rover (JLR) announced that it will eliminate approximately 4,000 positions worldwide. The measure will be implemented over the next two years.

The main objective of this workforce reduction is to simplify the company's structure. With this restructuring, JLR expects to save approximately 2 billion euros.

This decision comes in a context of need for cost reduction on the part of the automobile manufacturer. The British company is trying to become more efficient and competitive in the global automobile market.

Related articles

Taxa Euribor a 12 meses sobe para novo máximo em mais de dois anosPhoto by gabio on Pexels
Business

12-month Euribor rate rises to new two-year high

The 12-month Euribor rate, the most widely used in Portugal for home loans, rose to a new two-year high according to recently published data. This increase reflects the impact of European Central Bank decisions and market expectations regarding interest rate developments, directly affecting the cost of mortgage loans for Portuguese consumers.

CNN Portugal08/09/26, 11:10
Grupo Volkswagen pondera vender fabricante de motas italiana DucatiPhoto by Pexels on Pexels
Business

Volkswagen Group is considering selling Italian motorcycle manufacturer Ducati

Volkswagen is considering selling Ducati, the Italian high-performance motorcycle manufacturer, as part of a comprehensive review of its vast portfolio. Audi's CEO, Gernot Döllner, confirmed that the Italian brand is among the 600 companies being analyzed, although nothing has been decided yet. Ducati, valued at around 1.25 billion euros, was acquired by Audi in 2012 and has been strengthening its position in MotoGP, with six consecutive constructors' championships since 2020. It sells approximately 50,000 units annually and generated, in 2025 alone, revenues of 925 million euros and an operating profit of 52 million euros. This potential sale is part of Volkswagen's broader effort to reduce its business portfolio and make Europe's largest car manufacturer more competitive, following the recent approval of a restructuring plan that includes cuts of about one-third of the portfolio.

Eco08/09/26, 11:04
Volkswagen acuerda la posible venta de una planta de Alemania para convertirla en una fábrica de armamento
Business

Volkswagen agrees to possible sale of a German plant to convert it into an armament factory

The German automotive group Volkswagen will sell its factory in Osnabrück, which will be converted into an armament production facility for Germany and Europe, with the aim of guaranteeing the continuity of the majority of jobs in the long term.

El Periódico Mediterráneo - General08/09/26, 10:58
Taxas Euribor sobem a 12 meses para novo máximo de mais de dois anosPhoto by gabio on Pexels
Business

Euribor rates rise to 12 months to new high of more than two years

Euribor rates showed distinct movements this Tuesday, September 8, with the 12-month rate rising to 3.117%, a new high since August 2024, while the three and six-month rates fell to 2.635% and 2.796%, respectively. In August, the monthly averages of the three Euribor rates rose compared to July, with greater intensity in the longer term, with the 12-month rate reaching an average of 2.954%. The article also mentions that the next European Central Bank meeting, to be held in Berlin, is expected to result in a new quarter-point rise in key rates, after the ECB initiated a new cycle of increases in June.

Jornal Económico08/09/26, 10:57