London CNN —Aircraft engine maker Rolls-Royce will slash up to 2,500 jobs worldwide in a bid to streamline its operations and tackle years of underperformance.
(Rolls-Royce is a separate company from Rolls-Royce Motor Cars, a wholly owned subsidiary of BMW.
The two businesses bearing the Rolls-Royce name were part of the same firm until the 1970s.)
“This is another step on our multi-year transformation journey to build a high-performing, competitive, resilient and growing Rolls-Royce,” Erginbilgic said.
“Its transformation plan is faring well, with improving operations, the post-pandemic rebound in international flying and increased defense spending.”
Persons:
Royce, Tufan Erginbilgic, Germany Nadja Wohlleben, Erginbilgic —, ”, “, Erginbilgic, Grazia Vittadini, ” Erginbilgic
Organizations:
London CNN — Aircraft, Boeing, Airbus, Royce, Rolls, BMW, BP, “, Victoria Scholar, Interactive
Locations:
Dahlewitz, Berlin, Germany, London’s