Rolls-Royce to cut 4,600 jobs to save â¹3,600 crore a year
British aircraft engine maker Rolls-Royce has announced it will cut 4,600 jobs over two years to save Â£400 million (over â¹3,600 crore) annually by 2020. Rolls-Royce said that the restructuring programme, affecting mainly managerial and administrative roles, would cost the company Â£500 million. Rolls-Royce currently employs 55,000 people in 50 countries and around 19,400 of these are engineers.