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Rolls-Royce to cut up to 2,000 jobs next year

Views 0 Views    Comments 0 Comments    Share Share    Posted 20-11-2008  
Aero-engine maker Rolls-Royce said Thursday it would cut up to 2,000 jobs worldwide as a result of the current economic "uncertainties."

Rolls-Royce, which employs 39,000 workers globally, of whom 60 percent are based in Britain, said the announcement was the first stage in a more general programme aimed at matching the group`s capacity more closely with the expected l
oad in its facilities.

"Rolls-Royce has been reviewing the possible impact of current economic uncertainties, delays on individual programmes, such as the Airbus A380 and the Boeing 787, and the benefits of the group`s continuing focus on efficiency," the company said.

The company said that around 1,500 to 2,000 jobs will be cut in 2009.

Source:
http://siliconindia.com/shownews/49015
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