4,600 jobs axed by Rolls-royce

Evening Telegraph (Late Extra Edition) - - UK WORLD TODAY -

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.”

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