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20 November 2018 The on-line newspaper devoted to the world of transports 08:48 GMT+1



June 14, 2018

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Original news
In next the two Rolls-Royce years it will cut about job 4.600 places

Slowly of business restructure that it previews to subdivide the activity of the group in three businesses unit

In the arc of next the two Rolls-Royce years it will cut about job 4.600 places on the 55,000 about total that are distributed between the centers of the 50 nations in which work the British group. The company has announced today that the reduction of the places of work will above all interest the centers in the United Kingdom where the central functions are placed and of support of the group.

The cuts will happen within a plan of business restructure that it previews to subdivide the activity of the group in three businesses unit, program - Rolls-Royce - that it will create business functions and of support of smaller dimensions and with a better relationship cost-efficiency and will reduce the levels of management and the complexity, also in the field of the technical services has explained.

According to the forecasts, the performance of the restructure plan will involve costs for 500 million pounds (568 million euros) in three years 2018-2020, while by end 2020 annual savings achieved thanks to the performance of the program are attended pairs to 400 million pounds.

"Our technology leader world-wise - the managing director of the group has declared, Warren East - assures to Rolls-Royce the potential one in order to generate a meaningful increase of the profits. The creation of a thinner organization based on the dynamism and simplicity will allow us to maintain to this promise, generating yields more elevated and placing to us however in a position to investing for the future".

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