Rolls-Royce To Cut 2,000 Jobs Due To Economic Downturn

Engine manufacturer Rolls-Royce yesterday said it will cut about 2,000 jobs next year as a result of the slowing economy and delays in key aircraft programs. An initial 140 positions are eliminated at a Derby, U.K., test site, and more will follow next year. Rolls-Royce did not elaborate on which...

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