Audio By Carbonatix
Nearly 1,400 jobs are being cut by engine maker Rolls-Royce as it continues to slash its workforce by 9,000.
The Derby-based company has been hit hard by the pandemic with a fall in demand for its aircraft engines.
The job losses are part of those the firm revealed in May, with more than 3,000 of those in the UK.
The group declined to comment on which British sites would feel the brunt of the latest cuts.
Of the latest jobs to go, about 950 are in the firm's civil aerospace division and 420 across its global facilities.
Coronavirus: Rolls-Royce to cut 1,400 jobs as cull continues https://t.co/Mh49zNM8f3
— BBC News England (@BBCEngland) November 5, 2020
A Rolls-Royce spokesman said: "The global pandemic has hit our business hard.
"Although we have taken swift action and put many, often painful, mitigation plans in place, we must continue to further reduce our cost base so that we can safeguard the future of Rolls-Royce."
It is hopeful this action will allow the firm to break even and work towards reaching positive cash flow by the end of next year.
The job cuts are part of a package of measures by the firm.
In August, it revealed plans to shut its aerospace factory in Nottinghamshire and merge sites in Lancashire as part of the overhaul.
It is planning to close its site in Annesley by the end of 2022.
The move will impact around 120 staff, although most of them will transfer to its base in Derby.
Latest Stories
-
Emergency talks planned as Middle East tensions threaten Ghana’s fuel supply
4 minutes -
My biggest regret was not booking Bisa Kdei for a bigger venue – Akwaaba UK CEO admits
10 minutes -
African nations are each other’s keepers — Mahama urges leaders to protect future generations
10 minutes -
Use pulpits to confront corruption, poor governance — Christian Council urges prophets, religious leaders
17 minutes -
Daily Insight for CEOs: Monthly communication to CEOs
27 minutes -
Confidence level in Ayawaso East by-election poll is 95% – Mussa Dankwah, Global InfoAnalytics
29 minutes -
Mahama urges AU States to ratify African court protocol without delay
33 minutes -
Hopes and fears as US Iranians take to streets after toppling of supreme leader
40 minutes -
Deadly Texas bar shooting ‘potentially act of terrorism’, FBI says
40 minutes -
President Mahama urges Africa to forge its own path, warns against blindly emulating the west
41 minutes -
Ghana Industrial Trawlers Association demands urgent action on maritime security after fishermen were attacked at sea
55 minutes -
GIZ commissions state-of-the-art Bio-Instrumentation Lab for biomedical engineering students at University of Ghana
1 hour -
President Mahama calls for stronger support for African Court on Human and Peoples’ Rights
1 hour -
President Mahama urges renewed commitment to African Court on Human and Peoples’ Rights
1 hour -
Ghana is moving forward– Wonder Madilo credits Mahama for economic gains
1 hour
