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The company famous for selling expensive and luxury brand cars in the world is hanging on the job of employees in Rolls-Royce. A report said that the company may make major layoffs. A company can lay off thousands of employees.
The report added that the luxury carmaker has appointed consultants led by McKinsey & Company to advise it on the matter. The company is planning to lay off 3,000 employees from its global workforce. The company has made preparations for this layoff to improve its operations.
Plan of merger of many blocks
As part of the program, the company plans to merge non-manufacturing divisions into each of Rolls-Royce’s civilian aerospace, defense and power systems divisions. The company is working on many changes. All of these are aimed at improving the performance of the company.
Head office will suffer the most due to retrenchment
The report states that we have not taken any decision nor made any suggestion regarding any possible impact on the employees. If the layoffs take place, the headquarters of Rolls-Royce will be most affected. This is because most of them are located in the back-office.