Published: Oct 16, 2023, 22:15 IST | Updated: Oct 16, 2023, 22:15 IST
Rolls-Royce has announced plans to axe up to 2,500 jobs globally to create a "more efficient and effective" company. It is the first major move by Tufan Erginbilgic who, on becoming chief executive in January, described Rolls-Royce as a "burning platform".