Tag: Rolls Royce

Rolls Royce to Cut 2,500 Jobs for a More Efficient Future
Business

Rolls Royce to Cut 2,500 Jobs for a More Efficient Future

Aeroengine maker Rolls-Royce announced on Tuesday that it will be cutting nearly 2,500 jobs as part of a plan to streamline its operations. The company said the cuts will be made across all levels of the business and will affect employees in the UK and around the world. Rolls-Royce, a company that makes engines for airplanes, has announced a plan to cut up to 2,500 jobs worldwide. This decision is aimed at making the company work better and save money. This move is the first big change made by Tufan Erginbilgic, who became the CEO in January. He said that Rolls-Royce was in a tough situation and needed to change. The company is based in Derby, UK, and has 42,000 employees all over the world. About half of them work in the UK. During the pandemic, when air travel was stopped for m...