British group Rolls-Royce, which specializes in aircraft engines, will cut 2,500 jobs worldwide to reduce costs, the company announced in a statement today.
This number represents almost 6% of the global workforce, 42,000 people.
The job cuts are “the next phase in a multi-year transformation plan,” Rolls-Royce said.
“We are building a Rolls-Royce that is prepared for the future. This means a simpler and more efficient organization,” said executive director Tufan Erginbilgic, quoted in the same note.
The restructuring foresees that engineering, technology and security will merge “in one team”.
Rolls-Royce returned to profit in 2021 after a huge loss last year, when it was hit hard by the Covid-19 pandemic and its huge impact on the aviation sector.
The group returned to negative results in 2022.
In August this year, the motorcycle manufacturer announced a net profit of £1.2 billion (€1.4 billion) for the first half of the year, compared to a loss of £1.6 billion (€1.8 billion) in the same period of the previous year. , which was mainly due to a strong devaluation of currency contracts due to the appreciation of the dollar.
Source: DN
