Rolls-Royce: 2,000 to 2,500 layoffs ahead
(CercleFinance.com) - Rolls-Royce today announced plans to simplify and streamline its organisation.
Management says that the new structure will enable it to strengthen its capabilities in key areas such as procurement and supply chain management.
It estimates that between 2,000 and 2,500 jobs will be lost worldwide on a total global headcount of 42,000.
Engineering Technology & Safety will be merged into a single group-wide team. This will also enable more effective use of engineering talent and technology across the business, it says. NB: CP +2%.
Copyright (c) 2023 CercleFinance.com. All rights reserved.
Management says that the new structure will enable it to strengthen its capabilities in key areas such as procurement and supply chain management.
It estimates that between 2,000 and 2,500 jobs will be lost worldwide on a total global headcount of 42,000.
Engineering Technology & Safety will be merged into a single group-wide team. This will also enable more effective use of engineering talent and technology across the business, it says. NB: CP +2%.
Copyright (c) 2023 CercleFinance.com. All rights reserved.