ROLLS-ROYCE
ROLLS-ROYCE announced reorganization plan to save £1.3b per year, which includes reducing employment by >17% (9,000 of 52,000 total workers, predominantly affecting its Civil Aerospace business), due to COVID-19 crisis. It says it is increasingly clear that activity in the commercial aerospace...
Subscription Required
ROLLS-ROYCE is part of our SpeedNews subscription.
Subscribe now to read this alert, plus receive full coverage of key developments in commercial and business aviation.
Already a subscriber to SpeedNews or a content package that includes SpeedNews? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.