Rolls-Royce to axe 4,000 jobs, say reports
Rolls-Royce will cut up to 4,000 jobs this week as part of its restructuring programme, according to reports, with Derby to be particularly hard hit.
The Sunday Times reports that those jobs being axed will include middle managers and back office staff at Derby.
The news will come as a blow to Derby only two months after the company announced it was back in the black, reporting a pre-tax profit of £4.9bn.
Rolls-Royce employs around 14,000 staff in Derby.
Despite the Sunday Times, report, the Unite union has dismissed the ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
