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04/11/2014
Rolls-Royce Announce 2,600 Job Cuts
A total of 2,600 jobs are to be cut by Rolls-Royce over the next 18 months.
It is understood the majority of the job cuts will be in its aerospace division, and will be cut by next year.
Announcing the job cuts, chief executive John Rishton said: "We are taking determined management action and accelerating our progress on cost."
"The measures announced today will not be the last, however they will contribute towards Rolls-Royce becoming a stronger and more profitable company."
(MH/CD)
It is understood the majority of the job cuts will be in its aerospace division, and will be cut by next year.
Announcing the job cuts, chief executive John Rishton said: "We are taking determined management action and accelerating our progress on cost."
"The measures announced today will not be the last, however they will contribute towards Rolls-Royce becoming a stronger and more profitable company."
(MH/CD)
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