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Rolls Royce to cut 8000 jobs

Rolls-Royce could axe up to 8,000 jobs after aircraft manufacturers were forced to cut production during the Covid-19 pandemic.
The aeroplane engine maker employs 52,000 people worldwide, with 23,000 staff in the UK.
According to a company source, senior leaders have warned "cuts could be as high as 8,000, but efforts to mitigate the impact are ongoing".
It had announced plans to save £750m but now "needs to take further action".
Rolls-Royce is expected to tell staff the actual number of job losses by the end of May.
The aviation industry has been badly hit by the pandemic as many flights across the world have been suspended.

https://www.bbc.co.uk/news/uk-england-derbyshire-52514444
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