Why Jaguar Land Rover has decided change is needed

Jaguar Land Rover's decision to shed 4,000 jobs comes after the carmaker has travelled down a very rough road. The company has seen sales fall in all of its major markets and it has been dealing with the consequences of a devastating cyber-attack that paralysed production last year. At the same time, it has been investing billions in an effort to reinvent itself for an electric future, in which it is likely to face intense competition from aggressively expanding Chinese brands. Executives have now decided a major overhaul is needed. One of the main concerns for JLR is China.