Rolls-Royce to axe up to 2,000 jobs

Rolls-Royce is planning to cut up to 2,000 jobs next year. The company currently has about 39,000 employees, with 60% of its workforce based in the UK.

At this stage, it would not confirm where the job losses would be, or if marketing roles would be affected.

The company says it is considering cutting 140 jobs at its assembly and test facility in Derby, with other jobs to be cut globally.

It says the cost-cutting exercise is necessary due to the global economic slowdown and delays to projects by Airbus and Boeing.

“Rolls-Royce has been reviewing the possible impact of the current economic uncertainties, delays on individual programmes, such as the Airbus A380 and the Boeing 787, and the benefits of the group’s continuing focus on efficiency,” the company says.

“We are determined to maintain our focus on cost reduction and competitiveness as the world economy enters a challenging period,” adds Rolls-Royce chief executive Sir John Rose.

The latest job cuts are in addition to those announced in January, when Rolls-Royce said it would axe 2,300 jobs during 2008.

Latest from Marketing Week

Marketoonist on PowerPoint pitches

The Marketoonist

Tom Fishburne is founder of Marketoon Studios. Follow his work at marketoonist.com or on Twitter @tomfishburne See more of the Marketoonist here Tom Fishburne will be speaking at the Festival of Marketing, which is taking place on 4 and 5 October at Tobacco Dock. To find out more information, including how to book tickets, visit […]

PLEASE SIGN IN OR REGISTER. IT'S FREE, QUICK AND EASY!

Access Marketing Week’s wealth of insight, analysis and inspiration that will help you develop as a marketer and leader.

Register and receive the best content from the only title 100% dedicated to serving marketers' needs.

We’ll ask you just a few questions about what you do and where you work, so we can make Marketing Week more relevant to you.

Register now

THE BEST CONTENT

Our award winning editorial team and columnists will ask the biggest questions about the biggest issues on everything from strategy through to execution to help you navigate the fast moving modern marketing landscape.

THE BIGGEST ISSUES

From the opportunities and challenges of emerging technology to the need for greater effectiveness, from the challenge of measurement to building a marketing team fit for the future, we will be your guide.

PERSONAL AND PROFESSIONAL DEVELOPMENT

Information, inspiration and advice from the marketing world and beyond that will help you develop as a marketer and as a leader.

Dedicated to developing your skills and helping you achieve marketing excellence. Find guidance on leadership, professional development and the latest industry jobs.

Having problems?

Contact us on +44 (0)20 7292 3711 or email subscriptions@marketingweek.com

If you are looking for our Jobs site, please click here