Rolls-Royce has announced plans to reduce the number of employees in its marine division by a further 400 worldwide by the end of next year, on top of the 600 job cuts declared in May.
Citing the continuing impact of the sharp fall in oil prices and the subsequent fall in orders, the marine marque has said that it will to continue to transform its marine business, primarily through a programme of efficiencies and increased investment in R&D. Adjustable bolted propeller for Queen Elizabeth Class aircraft…
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