Rolls-Royce To Cut 4,600 Jobs
Rolls-Royce announced on Thursday that it will be eliminating 4,600 jobs—nearly 10 percent of the positions at the company—over the next 24 months as part of a company-wide restructuring plan. The UK-based engineering firm says that after an initial cost of 500 million ($665 million), it expects the restructuring to reduce annual costs by 400 […]