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Rolls Royce to Cut Up to 2,500 Jobs

Rolls, Royce will cut up to 2500 jobs. The aircraft engine maker did not specify what part of the company will be impacted by the layoffs. The company currently employs around 42,000 people in North America and parts of Europe. The job cuts are part of a larger move to streamline business spearheaded by the CEO who took over in January. Additionally, rolls Voice will be merging its engineering technology group with its safety group. The CEO is set to address a larger strategy to investors at a capital market day that's expected on November 28.