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The oil price is killing Rolls-Royce and it’s cutting 400 jobs

October 5, 2015

Via: itCurated
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Rolls-Royce is slashing 400 jobs from its marine division, blaming the fall in the price of oil and a need to cut costs.

The engineering group announced the cuts in a statement on Monday.

The cuts follow 600 factory job going earlier this year. The new round of redundancies will reportedly hit factory managers.