Rolls-Royce To Cut Up To 8,000 Jobs As Aviation Crisis Deepens
LAHORE MIRROR (Monitoring Desk)– British aero-engine maker Rolls-Royce Holdings Plc is planning to slash up to 8,000 jobs, the Financial Times reported here on Friday.
Senior executives at Rolls-Royce have started work on a restructuring plan, which would shrink the company’s workforce of 52,000 by up to 15 per cent, according to several people inside the company, the report said.
Rolls-Royce did not immediately respond to a Reuters request for comment.