02-12-2016 00:05 via theguardian.com

Rolls-Royce to cut 800 jobs from its marine business

British engineering firm says cuts are part of plans to save between £45m and £50m annually from the middle of 2017British engineering company Rolls-Royce said it would cut a further 800 jobs in its marine business to save an extra £50m a year, responding to weak demand from shipping and energy customers. The marine business, which depends on oil and gas-related customers for about 60% of its turnover and employs 4,800 people with its main operations in Norway, has seen weak de
Read more »