Rolls-Royce will cut up to 2,500 jobs as part of a global restructuring by its new chief executive to streamline its operations and boost returns.
The FTSE 100 company, whose engines power large civil aircraft as well as submarines and military jets, said the revamp would lead to between 2,000 and 2,500 roles being lost from its workforce of 42,000, a cut of almost 6 per cent.
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