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The Independent UK
The Independent UK
National
Via AP news wire

Rolls-Royce is cutting up to 2,500 jobs in an overhaul of the UK jet engine maker

Copyright 2018 The Associated Press. All rights reserved.

Jet engine maker Rolls-Royce said Tuesday it's cutting up to 2,500 jobs globally as part of a corporate overhaul that its new CEO is carrying out.

The aerospace company was hit hard by the COVID-19 pandemic that decimated demand for air travel. Tufan Erginbilgic, who took over as chief executive in January, said the layoffs are aimed at making Rolls-Royce “more streamlined and efficient."

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