Engine maker Rolls-Royce cuts 9,000 jobs

AKIPRESS.COM - Engine maker Rolls-Royce said Wednesday it plans to cut some 9,000 jobs globally as it grapples with the collapse in air travel due to the COVID-19 pandemic, AP reports. The company based in Derby, England, employs 52,000 people overall, and didn't specify which regions would take the hardest blow. CEO Warren East said most of the cuts will take place in the civil aerospace business, where two-thirds of U.K. employees work. Negotiations are set to begin with unions.
"Being told that there is no longer a job for you is a terrible prospect and it is especially hard when all of us take so much pride in working for Rolls-Royce," East said. "But we must take difficult decisions to see our business through these unprecedented times."