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Rolls-Royce CEO cuts 4,600 jobs to boost profitability

LONDON (Reuters) - Rolls-Royce is to cut 4,600 jobs over two years in the latest attempt by boss Warren East to cut costs and make Britain's best known engineering company more profitable and dynamic......»»

Category: topSource: reutersJun 14th, 2018

Rolls-Royce CEO cuts 4,600 jobs to boost profitability

LONDON (Reuters) - Rolls-Royce is to cut 4,600 jobs over two years in the latest attempt by boss Warren East to cut costs and make Britain's best known engineering company more profitable and dynamic......»»

Category: topSource: reutersJun 14th, 2018

Rolls-Royce cuts 4,600 jobs at "pivotal moment" for business

LONDON (Reuters) - Rolls-Royce is to cut 4,600 jobs over two years in the latest attempt by boss Warren East to reduce costs and complexity and make Britain's best known engineering company more profitable and dynamic......»»

Category: topSource: reutersJun 14th, 2018

Rolls-Royce cuts 4,600 jobs, mainly in UK

British engineering company Rolls-Royce plans to cut thousands of jobs as part of big cost-saving measures......»»

Category: topSource: moneycentralJun 14th, 2018

Comcast bids for Fox; Rolls-Royce cuts jobs; Volkswagen penalty

1. Competition from Comcast: Shares in Disney, Comcast and 21st Century Fox could be on the move after Comcast formally bid $65 billion to buy Fox assets......»»

Category: topSource: cnnJun 14th, 2018

Rolls-Royce to Cut 4,600 Jobs

British aircraft-engine maker Rolls-Royce, facing investor pressure to boost competitiveness, said it would shed 4,600 jobs even as it grapples with mounting problems with an engine powering Boeing 787 Dreamliners......»»

Category: smallbizSource: wsjJun 14th, 2018

Rolls-Royce engine problem spreads ahead of major job cuts

Britain's Rolls-Royce said a costly compressor problem that had grounded Boeing planes had now been found in a different type of engine, compounding pressures on a group that is due to cut more than 4,000 jobs this week......»»

Category: topSource: moneycentralJun 11th, 2018

VW brand to cut up to 7,000 jobs in new savings drive

Volkswagen will cut up to 7,000 positions, aim to boost productivity and deliver 5.9 billion euros ($6.7 billion)of annual savings at its core VW brand by 2023, in its latest attempt to raise profitability at its top-selling division......»»

Category: topSource: reutersMar 13th, 2019

GM spent $10 billion on buybacks, cut jobs to save $4.5 billion

Automaker to save $4.5 billion through massive job cuts, but it's spent far more than that trying to boost stock price.....»»

Category: topSource: moneycentralNov 28th, 2018

GM spent $10 billion on buybacks, cut jobs to save $4.5 billion

Automaker to save $4.5 billion through massive job cuts, but it's spent far more than that trying to boost stock price.....»»

Category: topSource: moneycentralNov 28th, 2018

GM spent $10B on stock buybacks; cut jobs to save $4.5B

Automaker to save $4.5 billion through massive job cuts, but it's spent far more than that trying to boost stock price.....»»

Category: topSource: moneycentralNov 27th, 2018

GM spent $10B on stock buybacks, then cut jobs to save $4.5B

Automaker to save $4.5 billion through massive job cuts, but it's spent far more than that trying to boost stock price.....»»

Category: topSource: moneycentralNov 27th, 2018

New blue-collar jobs will survive the rise of AI

At a Rolls Royce parts plant with “virtually no manual operations,” human workers continually refine automation......»»

Category: topSource: moneycentralNov 1st, 2018

Union Pacific to cut 475 jobs in first wave of planned reductions

Railroad operator Union Pacific Corp said on Tuesday it would cut 475 employees in the fourth quarter and signaled more workforce reductions to come as it seeks to boost profitability by the end of 2020......»»

Category: topSource: moneycentralOct 23rd, 2018

Union Pacific to cut 475 jobs in first wave of planned reductions

Railroad operator Union Pacific Corp said on Tuesday it would cut 475 employees in the fourth quarter and signaled more workforce reductions to come as it seeks to boost profitability by the end of 2020......»»

Category: topSource: reutersOct 23rd, 2018

UK FTSE All Share (.FTAS) closes at highest level in a month as pound sinks after ECB announcement

UK FTSE All Share (.FTAS) closes at highest level in a month as pound sinks after ECB announcement Retail sales surge in May; Rolls-Royce to cut thousands of jobs U.K. stocks on Thursday finished at the highest level in about.....»»

Category: topSource: livetradingnewsJun 14th, 2018

Rolls-Royce, Under Pressure From Investors, Will Cut 4,600 Jobs

British aircraft-engine maker Rolls-Royce said it would shed 4,600 jobs even as it grapples with mounting problems with an engine powering Boeing 787 Dreamliners......»»

Category: smallbizSource: wsjJun 14th, 2018

Rolls-Royce to cut 4,600 jobs

The British jet engine maker has been struggling to fix problems with its Trent 1000 engine......»»

Category: topSource: foxnewsJun 14th, 2018

Rolls-Royce to cut 4,600 jobs over next two years in "fundamental" restructuring

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJun 14th, 2018

Comcast vs Disney, China Tariffs, Rolls-Royce Cuts: CEO Daily for June 14, 2018

Must-read business news, delivered every morning. Good morning. Fortune and Wall.....»»

Category: europeSource: fortuneJun 14th, 2018

Rolls-Royce to cut around 4,600 jobs in 2-year restructuring

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchJun 14th, 2018