Jet engine manufacturer expected to reveal job losses on Tuesday as chief executive prepares to reveal long-term strategy

Rolls-Royce is to cut up to 2,500 jobs across its business, as its chief executive prepares to reveal his long-term strategy for the company.

The jet engine manufacturer is expected to reveal between 2,000 and 2,500 job losses as early as Tuesday, with the UK expected to be affected, two sources said.

Continue reading…

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

‘I think I was relieved’: life on the other side of mature age divorce

The instance of mature couples divorcing is on the rise. Are over…

A photo essay: the capital mourns a week after Ruth Bader Ginsburg’s death

Photographs by Lexey Swall On Friday, Ruth Bader Ginsburg became the first…

Biden rises to the moment as Ukraine makes battle against autocracy real

A year ago no one foresaw a Russian invasion as the president’s…