Rolls-Royce to cut 4,600 jobs in bid to save £400m
Rolls-Royce has confirmed this morning that it is to axe 4,600 jobs in a bid to save £400m by the end of 2020.
Derby, it is thought, will be particularly hard hit by the job losses, which Rolls-Royce bosses say will lead to a "simpler, leaner and more agile organisation".
The company says the move is designed to reduce management layers. A spokesperson for Rolls-Royce told TheBusinessDesk.com this morning: "We’re still in the early stages of the process here and of course we have a requirement to consult with our employees. ... 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...
