Rolls-Royce, which makes engines for Boeing and Airbus, has revealed plans to cut costs by up to £200 million per year.
“As a group we are undergoing an unprecedented period of change. Change in our mix of business and how we account for it. Change in our industrial footprint as we invest in a wide-ranging transformation. And change in demand for our products as we double our large engine output and manage reductions in demand...
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