Global Gloom Spreads as Corporates Cut Thousands of Jobs and Predictions for Profit

The video discusses the impact of global market volatility on various sectors, including financials, airlines, and automakers. Black Rock, a major asset manager, is cutting 3% of its workforce due to economic challenges. The automotive industry, particularly Ford and Jaguar, faces difficulties due to Brexit, currency volatility, and trade tensions. Companies are focusing on growth opportunities while managing workforce reductions.

Discuss the impact of Brexit on the automotive industry as mentioned in the text.

What strategies are companies like Jaguar employing to manage workforce reductions?