Rolls-Royce, AstraZeneca and Bae join list of job-cutting giants

Thousands more jobs were axed today by some of Britain's leading companies, including Rolls-Royce, AstraZeneca and BAE Systems. In total, almost 4,000 posts are being cut from their global workforces, including about 600 in the UK.

In addition, French car manufacturer PSA Peugeot Citroen is cutting 2,700 jobs worldwide, although that is unlikely to effect British jobs. The company closed its remaining UK plant in Coventry two years ago with the loss of 2,300 jobs.

Executives at ArjoWiggins began talks with workers over the future of the Dartford Paper Mill in Kent, which employs 127 people.

The biggest cutbacks are coming at engine-maker Rolls-Royce, which plans to make up to 2,000 workers redundant in response to the economic slowdown and delays to some of its most lucrative contracts.

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Guardian Unlimited

Tue Nov 25

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