Rolls-Royce to cut another 800 jobs at marine unit
British engineering company Rolls-Royce said it would cut a further 800 jobs in its marine business to save an extra 50 million pounds 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 percent of its business and currently employs about 4,800 people with its main operations in Norway, has seen weak demand for new equipment and lower maintenance revenues as customers use their vessels less. Rolls-
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