Rolls-Royce to cut up to 2,500 jobs

The Derby-headquartered power and propulsion specialist, which employs 42,000 staff globally, said the move forms part of making Rolls-Royce ‘a simpler, more streamlined, organisation’.

The proposed changes are aimed at removing duplication and delivering cost efficiencies. Rolls-Royce said it has minimised job losses through stringent management of costs and headcount through 2023.

In a statement, Tufan Erginbilgic, chief executive, said: “We are building a Rolls-Royce that is fit for the future. That means a more streamlined and efficient organisation that will deliver for our customers, partners and shareholders. Our business is full of committed, talented people and I believe these changes will enable them to build greater capability in areas that are key to our long-term success. This is another step on our multi-year transformation journey.”

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Engineering technology & safety will become a single team across the group with responsibilities for product safety, engineering standards, process, methods and tools. The unit will be led by Simon Burr, currently director - product development and technology, civil aerospace, who joins the executive team with immediate effect. Grazia Vittadini, chief technology officer, will leave the business in April 2024.