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Insider UK
Insider UK
Technology
Hamish Burns

Rolls-Royce to cut 9000 jobs after aviation industry demand collapses

Aerospace giant Rolls-Royce is to cut at least 9,000 jobs after airlines worldwide were grounded by the coronavirus pandemic.

The firm admitted demand had collapsed as demand for engine parts and servicing dried up and it predicted it would take years to return to pre-Covid level.

Rolls-Royce said the cuts would fall most heavily on its civil aviation business but would not give details of the impact on specific sites. The firm employs around 52,000 people worldwide.

Chief executive Warren East said: "This is not a crisis of our making. But it is the crisis that we face and we must deal with it. Our airline customers and airframe partners are having to adapt and so must we.

"Being told that there is no longer a job for you is a terrible prospect and it is especially hard when all of us take so much pride in working for Rolls-Royce.

"But we must take difficult decisions to see our business through these unprecedented times."

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