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Rolls-Royce announces thousands of job losses

October 17, 2023

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The engineering giant, which employs 42,000 people, said the new structure would remove duplication and save on costs.

Among those affected by the job losses are its people teams, who along with finance and general counsel will be brought together into single teams to standardise the support they provide.

Its engineering technology and safety teams will be amalgamated and will be responsible for product safety, engineering standards, processes, methods and tools. It will also enable engineering talent and technology to be used more effectively across the business.

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