Monday 22 October 2018
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4 months ago

British engine maker Rolls-Royce cutting 4,600 jobs

Rolls-Royce, the British maker of plane engines, said Thursday that it plans to cut 4,600 mainly British management roles by 2020 in a vast restructuring that has already resulted in thousands of job losses. Rolls-Royce announces the next stage in our drive for pace and simplicity with a proposed restructuring that will deliver improved returns, higher margins and increased cash flow, the group said in a statement. The London-listed company, whose engines are used in Airbus and Boeing aircraft, said t

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