Rolls-Royce job cuts to affect UK staff

15-01-2008

Rolls-Royce job cuts to affect UK staff
A series of job cuts announced by luxury car brand Rolls-Royce will affect the firm's facilities in the UK, it has emerged.

The company has announced that 2,300 members of staff will be shed as part of its restructuring plans.

Employees in Norway, Germany and the US are also under threat of losing their jobs as part of the development.

Mike Terrett, the chief operating officer at Rolls-Royce, commented: "The investments we have already made in new management systems will help us deliver this simplified organisation.

"Rolls-Royce will continue to focus on ongoing cost reduction and productivity improvements as the business grows."

He added that the company needs to become more adept at dealing with global markets.

The announcement follows recent news that the car maker had secured a £72 million offshore marine contract.

Roll-Royce said that it expects its financial performance over the next year to see the benefits of the plans.

Related categories: Automotive.


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