Read this article in:
29 November, 2001Company says that cuts in the workforce are a result of a slump in orders following the 11 September attacks in the USA.
GREAT BRITAIN: Aero-engine manufacturer Rolls-Royce will cut 3,800 jobs in the UK with another 1,200 world-wide and 1,000 temporary jobs outside the UK. The cuts in the workforce are a result of a slump in orders following the 11 September attacks in the USA.
The company plans to achieve the reduction largely by the end of the first quarter of 2002, and says that "efforts would be made to avoid compulsory redundancies".
"Every effort will be made to achieve these job reductions by means of voluntary severance, early retirement, re-training and re-deployment," says the Rolls-Royce statement.
The company plans to achieve the reduction largely by the end of the first quarter of 2002, and says that "efforts would be made to avoid compulsory redundancies".
"Every effort will be made to achieve these job reductions by means of voluntary severance, early retirement, re-training and re-deployment," says the Rolls-Royce statement.