Rolls-Royce, maker of plane engines, says to axe up to 2,500 jobs

Rolls-Royce, the British manufacturer of aircraft engines, said Tuesday it plans to axe up to 2,500 jobs worldwide, or about six percent of its staff. "It is estimated that 2,000-2,500 roles will be removed globally" under "plans for a simpler, more streamlined, organisation", the group said in a statement.

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