Rolls-Royce to Cut up to 2,500 Jobs in Latest Efficiency Drive

Rolls-Royce to Cut up to 2,500 Jobs in Latest Efficiency Drive
A BR700-725 jet engine at the assembly line of the Rolls-Royce Germany plant, in Dahlewitz near Berlin, Germany, on Feb. 28, 2023. Nadja Wohlleben/Reuters
Reuters
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LONDON—Rolls-Royce said on Tuesday it would cut up to 2,500 jobs as its new chief executive seeks to build a more efficient business, the latest boss to attempt to revamp one of Britain’s most prestigious engineering companies.

Over the last decade, Rolls-Royce, whose engines and systems are used on the Airbus A350 and Boeing 787 as well as ships, submarines, and in power generation, has been through several restructurings, axing more than 13,000 jobs.