Rolls-Royce

Rolls-Royce said on Tuesday it would cut up to 2500 jobs as its new chief executive seeks to build a more efficient business, the latest boss to attempt to ...

Rolls-Royce's CEO Tufan Erginbilgic called the company a “burning platform” in need of transformation as he took the helm at the British aerospace and ...

The company describes the cuts as the latest step in its "multi-year transformation journey" to bolster profitability.

Engineering giant Rolls-Royce has declared plans to slash thousands more roles as part of its ongoing transformation programme. Rolls — which currently has ...

The company said this is part of a significant organisational restructuring strategy. The objective of this reorganisation is to create a more agile and ...

Engine manufacturer Rolls-Royce is to cut between 2000 and 2500 jobs across its total business as part of a new structure aimed at “removing duplication and ...

This morning, Rolls Royce released an official stock market announcement and subsequently briefed employees, however no additional clarity about the job losses ...

The British engine manufacturer said that reducing the workforce across its business would make it better able to serve customers, while removing duplicated ...

The engineering giant will make a series of consolidations across the business to improve efficiency and reduce costs, the company announced to the London Stock ...

Tufan Erginbilgic, who was appointed as chief executive in January, said the shake-up will make the firm 'more streamlined'.

International engineering company Rolls-Royce has not revealed whether any redundancies will be made from its Barnoldswick plant, while in an unrelated ...

Wedbush analysts believe the tech universe is resilient and is poised for a strong earnings season ahead that will prove the doubters wrong. "Our view is that ...

Before the pandemic, there were 1,300 workers producing engine parts including turbine blades at Inchinnan. This was reduced as the firm pushed for cost savings ...

Elsewhere in the engineering sector, Swedish ball-bearing company SKF has announced the phased closure of its Luton factory, which will result in 300 job losses ...

The aerospace company was hit hard by the COVID-19 pandemic that decimated demand for air travel. Rolls-Royce, based in Derby, central England, ...

Less than a year into his tenure as chief, Tufan Erginbilgic still has plenty of work to do.

Rolls-Royce is to axe thousands of jobs under its long-term turnaround plan.