Rolls-Royce is set to announce more than 4,000 job losses this week as the aero-engine maker attempts to increase profits by cutting middle-management posts.
The chief executive, Warren East, has decided to take action after stating repeatedly that the firm has become bloated with unnecessary layers of management and duplicated roles.
The job cuts are expected to be unveiled on Friday when the firm is scheduled to update City analysts, some of whom have pencilled in a reduction of up to 10% of Rolls-Royce’s 50,000 workforce.
However, the job losses are unlikely to affect frontline engineering jobs after the company and unions agreed a deal last year to protect about 7,000 rolesat plants in Derby – and Hucknall and Annesley in Nottinghamshire – as part of a £150m investment in UK aerospace facilities. Instead, areas such as finance, human resources and purchasing are expected to undergo job cuts.
which makes engines for Boeing and Airbus aircraft, as well as for the Eurofighter Typhoon and propulsion systems for Royal Navy nuclear submarines – declined to confirm the exact number of redundancies planned.
A spokesman for the company said: “We are proposing to move to a considerably simplified staff structure, with fewer layers and greater spans of control across the group.
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