4,600 jobs axed by Rolls-royce
ABOUT 4,600 jobs are being axed at Rollsroyce in the latest restructuring as the engineering giant looks to slash costs by another £400 million a year.
The group said the bulk of these job cuts would affect the UK workforce and would be made over the next two years, with around a third expected by the end of 2018.
Rolls said the overhaul, which follows its announcement in January that it plans to slash its five operating businesses to three core units, will impact support functions and management, including within engineering.
Unite union assistant general secretary Steve Turner said: “This announcement will be deeply unsettling for Rolls-royce workers and their families and could have a dire economic impact on local communities.”