20 november 2008

Rolls-Royce to cut further 2,000 jobs


Article

Summary

The engine producer Rolls-Royce has to response to the economic slowdown. They are planning to reduce 4% of their employees. From the 39.000 employees they want to demit around 1.500 to 2.000 people, including 140 at its assembly facility in Derby next year. They already have fired 2.300 people in January this year. The individual programmes, like the Airbus A380 and Boeing 787, are responsible for these cuts. The company tried to keep the cuts to a minimum. They do this by dismissing temporary staff and not replacing staff who retire. Rolls-Royce is not the only company who has to response the economic slowdown.

My opinion

It is a pity for the people who are fired, but sometimes it is unavoidable for companies to do this. Especially for engine and car producers like Rolls-Royce because they lend their money from banks. But everybody knows that there is an economic crisis that isn’t good for companies. It is good from Rolls-Royce that they tried to keep the cuts to a minimum, but I think that most companies do that. I hope that Rolls-Royce should survive this economic slowdown. It is a beautiful big company and did much for the world we know these days.

4 opmerkingen:

Anoniem zei

It will be a great loss in the automobile industry if Rolls-Royce gets bankrupt, but I do not believe that Rolls-Royce will get bankrupt because it is a very huge and solid company. For the people that lose their job probably there will be a program for them to help them find a new job.

Walid zei

Rolls-Royce should not cut 2000 jobs but fire their managers. Managers are paid very well to provide constant grow and if they can do that why should company fire ordinary workers. This is an old story which happens everywhere; the government should take some actions to protect jobs of these people.

maarten zei

I agree with mike that it is sometimes unavoidable to fire people, especially when the economy is in a recession. Despite Rolls Roys has to fire employees they try find a good solution by firing temporary employees and not replacing retiring staff.

Ferdy Kieboom zei

Rolls Royce is a company that wants to produce. If they don't fire people it will cost them a lot of money.