Rolls-Royce has announced it is to cut 4,600 jobs as part of a major shakeup of its business, mainly affecting managerial and administrative roles in the UK.
Warren East, the aircraft engine maker’s chief executive, said the UK would bear the brunt with around 3,000 of the job losses, and that he could not rule out compulsory redundancies.
“It’s a horrible decision, never easy,” he said, but that the cuts were necessary “if we want to be around for the next 100 years”.
The job losses will fall heavily on Derby, the group’s biggest manufacturing base in the UK, which currently has a workforce of 15,700 people. The firm’s HR, finance, and legal departments are also based in Derby. Some corporate and support jobs in Bristol, its second-biggest base in the UK, will also go.
For more read the full of article at The Guardian
