Rolls-Royce is cutting more than 200 management jobs, the latest in a series of losses as its chief executive attempts to turn around the British engineering giant.
The most recent episode in Rolls lengthy restructuring under Warren East, who was appointed as chief executive last year, was announced to staff last week.
Under Mr East and his predecessor John Rishton, the company has cut thousands of positions in the last two years an attempt to improve profit margins, and its restructuring efforts have shown signs of paying off, with Rolls reporting an unexpected profit in the first half of this year.
However, the chief executive has been clear that further savings remain on the agenda, with the company aiming to save between £150m a…
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