Rolls-Royce to axe 9000 UK jobs

Rolls-Royce said it will cut at least 9,000 jobs and slash costs elsewhere due to the impact of COVID 19 on the aviation sector. “This is not a crisis of our making. But it is the crisis that we face and we must deal with it,” chief executive Warren East said in a statement announcing that Rolls-Royce would cut nearly 20% of its global workforce. Rolls-Royce said in the statement that it is proposing a major reorganisation of the business in order to adapt to the new level of demand it is seeing from customers “As a result, we expect