Rolls-Royce to cut 2,600 staff, appoints new finance chief

[riky]

Rolls-Royce to cut 2,600 staff, appoints new finance chief

<p><a href="http://news.yahoo.com/rolls-royce-cut-2-600-staff-appoints-cfo-141634160--finance.html"><img src="http://l3.yimg.com/bt/api/res/1.2/ZAitBNHwj4SEtwyg8oC.wQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2014-11-04T141634Z_1_LYNXMPEAA30JH_RTROPTP_2_BRITAIN.JPG" width="130" height="86" alt="A Rolls-Royce aircraft engine of a British Airways Boeing 747 passenger aircraft is seen at Heathrow Airport in west London" align="left" title="A Rolls-Royce aircraft engine of a British Airways Boeing 747 passenger aircraft is seen at Heathrow Airport in west London" border="0" /></a>By Kate Holton LONDON (Reuters) - British engineer Rolls-Royce plans to cut 2,600 jobs to save money and has replaced its finance director, aiming to restore confidence following two profit warnings in eight months. The world's second-largest maker of aircraft engines said the job cuts, which will mostly come in the Aerospace division and will take 18 months to complete, were designed to save around 80 million pounds ($128 million) a year once the redundancy program was complete. ...</p><br clear="all"/>

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