rolls-royce The engine maker will next year cut 1,500-2,000 jobs across the group, or 4-5% of its 39,000-strong workforce, and has started staff discussions on axing 140 in the UK, at Derby. The cuts are blamed on the general economic climate and delays to Airbus A380 and Boeing 787 programmes. R-R has cut 2,300 jobs this year. Chief executive Sir John Rose says: "We are determined to maintain our focus on cost-reduction and competitiveness."
Source: Flight International