The major aerospace manufacturer is said to be poised to make the cuts amid the collapse of air travel demand during the coronavirus crisis. It is not yet clear how many UK jobs will be affected, as the manufacturer employs a global workforce in its civil aerospace engineering business. (Image: Getty Images Europe) (Image: Getty)It comes after British Airways and Ryanair announced plans to make major staff cuts as the aviation industry reels from the halt to travel. Last month, Rolls-Royce suspended its dividend payouts for the first time in more than three decades, it also reportedly cut back on capital spending and abandoned cash-flow targets. Sources told the FT discussions have just begun with unions, and it is feared the cutbacks could be larger than job losses after 9/11, when the Rolls-Royce group cut 5,000 jobs.

Source: Daily Mirror May 01, 2020 21:56 UTC