Rolls-Royce: Preparing To Cut Thousands Of Jobs

Britain’s Rolls-Royce said a costly compressor problem that had grounded Boeing planes had now been found in a different type of engine, compounding pressures on a group that is due to cut more than 4,000 jobs this week. Britain’s best known engineering company has been hit by a problem with a compressor in the Trent 1000 package C engine that is not lasting as long as expected, grounding planes, forcing inspections and angering airline clients. The group, which employs 50,000 people in 50 countries, is also expected to set out how it will make a return on the investment made in recent years and the expected drivers of cash flow beyond its medium-term horizon. Air New Zealand said earlier this month it would lease two Boeing 777s to cover for 787-9s that are affected by the Rolls engine issue. Airlines that use the package C engine tend to also take the package B engine. 

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Taking back control... of visits to the job center !

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Hmm. Brexit gift.  A tough price for complacency and ignorance for those workers who voted for Brexit and will now be sacked. A lesson learnt, hopefully there will be a second chance for them... Sad.

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1 minute ago, rainman said:

Hmm. Brexit gift.  A tough price for complacency and ignorance for those workers who voted for Brexit and will now be sacked. A lesson learnt, hopefully there will be a second chance for them... Sad.

This isn't Brexit related.

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1 minute ago, franco said:

This isn't Brexit related.

Are you sure? No Airbus, and cuts to Rolls...so much for the Brexit for jobs 'flights of fancy'

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Look as a freedom of movement might make it easier for British workers to follow their employers (and their jobs) into EU 27. Big comeback in EU....

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(edited)

the sacked RR workers will follow UK into Brexit oblivion - a small island state with aspirations in a sea of trading blocks of millions upon millions

Edited by watsonadrianr@gmail.com
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