THE Rolls-Royce engine manufacturer intends to cut up to 2,500 jobs as part of a restructuring aimed at rationalize your organization and reduce your costs.
“ The new structure will enable Rolls-Royce to strengthen its capabilities in key areas such as sourcing and supply chain management », indicated this week the management of the English group, which currently employs 42,000 people worldwide.
Rolls-Royce returned to profit in 2021 after a significant loss the previous year during the Covid pandemic. Then the engine manufacturer fell into the red again in 2022. In August, it published a net profit share of 1.2 billion pounds sterling for the first half, compared to a loss of 1.6 billion over the same period a year earlier.
In addition to the elimination of up to 2,500 positions, or 6% of the workforce, the restructuring plan announced by management plans to bring together the engineering, technology and safety teams “in one team », as well as finance, legal management and human resources within the same department. On the other hand, a new organization for procurement and supplier management will be created.
“ This is another step in our multi-year transformation journey to build a high-performing, competitive, resilient and growing Rolls-Royce said Tufan Erginbilgic, Managing Director Rolls-Royce.