Rolls-Royce cuts to hit UK

Union officials say Rolls-Royce workers in Derby are facing an anxious wait after the firm said it is to axe 2,300 jobs in the UK, Europe and US.

The aerospace group employs around 12,000 people in the area including 7,000 white-collar workers.

There are a total of 23,300 employees in the UK at bases in locations including Derby and Bristol, out of a global workforce of about 39,000.

The company has declined to confirm how many jobs in the UK would be cut, but said it would seek to secure voluntary redundancies where possible.

It said that managerial, professional and clerical roles would be affected in the UK, US, Germany, the Nordics and "other countries where the relevant functions are located".

Mark Tittley, the Unite union's joint chief negotiator (staff) for Derby, said the union was working on how many of its members will be accepting the voluntary severance package being offered.

The cuts will help the group offset higher costs in raw materials as well as the weak US dollar, according to Rolls. It said the decline in the strength of the dollar had cost it £40m in additional costs, while it was also seeing a rise in raw materials cost.

Image: Rolls-Royce unveils global cuts

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