Rolls Royce announces 9,000 redundancies due to coronavirus


MILAN – Rolls Royce pays for the air traffic crisis linked to the coronavirus. The turbine manufacturer Rolls Royce has announced 9,000 redundancies, equal to 17.3% of its 52 thousand employees, as part of a reorganization plan dictated by the need to deal with the drop in demand in the aviation sector triggered by the coronavirus.”The impact of Covid-19 on Rolls-Royce and the entire aviation industry is unprecedented. We have already taken action to strengthen the financial strength of our business and reduce investment in 2020. It is however increasingly clear that commercial activity in the aerospace market will take years to return to the levels seen only a few months ago, “says the company.


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The reorganization, which also aims to cut the costs of plants, properties and other cost areas, should ensure annual savings of over £ 1.3 billion, against one-off costs of around 800 million to be spent between 2020 and 2022.


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“Being told that there is no longer a job for you is a terrible prospect” commented the CEO of Rolls-Royce, Warren East. “But we have to make tough decisions to allow our business to overcome these unprecedented times.”

However, the announcement generated the vehement reaction of the workers’ representatives. The company obtained access to public subsidies for the crisis from the British government, discharging 80% of wages to 4000 workers during the lockdown, but now justifies the deferred layoffs by providing that state aid “will not” it may not be temporary. ” A way of doing that the United union denounces as a form of “shameful opportunism”.

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