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Rolls-Royce To Cut Up To 8,000 Jobs As Aviation Crisis Deepens

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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.