You are here

Rolls-Royce plans to cut 9,000 jobs amid slump in air travel

London

ROLLS-ROYCE Holdings Plc chief executive officer Warren East's five-year bid to revive earnings has been shattered by the coronavirus as the UK engineering giant moves to scrap 9,000 jobs and considers closing sites.

Jet-engine-maker Rolls will cut 17 per cent of its...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes