Job cuts can be good for share prices as it means that management is cutting costs and streamlining the business. But Rolls Royce shareholders can't bank their profits just yet sd their shares slide following the news of a further 2,500 job cuts. Jet engine maker Rolls Royce has been in the headlines again this week as the company revealed plans to cut a further 2,500 jobs from its global workforce, representing approximately 6.0% of its headcount.
Ongoing rationalisation
The proposals come as part of an ongoing rationalisation of the business under the new CEO, Tufan Erginbilgic, who took over from former ARM Holdings boss Warren East.
Mr Er...
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