Rolls-Royce Announces Up To 2,500 Job Cuts As New CEO Pursues Efficiency Drive

Rolls-Royce plans to cut up to 2,500 jobs globally as part of a major restructuring effort aimed at reducing costs and improving efficiency.
The job cuts represent around 6% of Rolls-Royce's 42,000-strong global workforce and will be implemented across the company.
New CEO Tufan Erginbilgic is leading the initiative to streamline operations, remove duplication, and build a more agile business.
This is the latest in a series of restructurings by Rolls-Royce over the past decade, which has seen over 13,000 jobs cut previously.
The plan includes merging some internal groups and functions as well as changes to procurement and supply chain management.