Rolls-Royce axes 4,600 jobs in restructuring plan

Rolls-Royce plans to cut 4,600 jobs over the next two years in a bid to save £400 million ($537 million) a year. The company—which is battling to resolve issues with the Trent 1000 engine that powers the Boeing 787—is undertaking a further restructuring to result in smaller, more cost-effective...
Tony Osborne

Based in London, Tony covers European defense programs. Prior to joining Aviation Week in November 2012, Tony was at Shephard Media Group where he was deputy editor for Rotorhub and Defence Helicopter magazines.

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