By Ian Walker and Joe Hoppe
Rolls-Royce Holdings is set to cut 2,000-2,500 jobs worldwide as part of a transformation program and strategy review.
The U.K.-based aircraft engine manufacturer, which announced the review plan in January, said Tuesday that the new structure will create a more agile business better able to serve customers, and help it improve its capabilities in areas such as procurement and supply-chain management.
Rolls-Royce currently employs 42,000 people worldwide.
Write to Ian Walker at [email protected] and Joe Hoppe at [email protected]
