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Rolls-Royce to cut 9,000 jobs worldwide as Covid-19 takes toll
Jet engine manufacturer targets £1.3bn in annual cost savings as airlines hit by crisis. The industrial group Rolls-Royce is to cut 9,000 jobs, almost a fifth of its workforce, as the coronavirus crisis takes its toll on the aviation industry.The jet engine manufacturer said it is targeting £1.3bn in annual cost savings to weather the protracted downturn caused by the Covid-19 pandemic that has grounded much of the world's airlines.
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Wednesday, 20 May 2020
BBC News
- EasyJet admits data of nine million hackedThe attack was
Financial Times
- EasyJet says hackers accessed travel details of 9m customersLow-cost airline faces fines after systems were breached by ‘highly sophisticated’ actor
The Guardian
- Trust in airlines and holiday firms plummets, says Which?Denial and delay of coronavirus refunds hammers sector's reputation, with just 20% of consumers now trusting the travel industry, Public trust in the travel industry has plunged to an all-time low as airlines and holiday companies continue to deny and delay refunds for coronavirus cancellations, in breach of the law, according to new research from a UK consumer group.
- Rolls-Royce to cut 9,000 jobs worldwide as Covid-19 takes tollJet engine manufacturer targets £1.3bn in annual cost savings as airlines hit by crisis. The industrial group Rolls-Royce is to cut 9,000 jobs, almost a fifth of its workforce, as the coronavirus crisis takes its toll on the aviation industry.The jet engine manufacturer said it is targeting £1.3bn in annual cost savings to weather the protracted downturn caused by the Covid-19 pandemic that has grounded much of the world's airlines.
Times Online
- Easyjet cyberattack: hackers steal data from millions of customers [subscription]Hackers have stolen the personal details of nine million Easyjet customers, as well as the credit card details of more than 2,000 in what the airline called a “highly sophisticated” attack.
City AM
- Lufthansa says hundreds of planes will remain grounded until 2023German state airline Lufthansa has said that hundreds of its aircraft will remain grounded until 2023 due to the prolonged The post Lufthansa says hundreds of planes will remain grounded until 2023 appeared first on CityAM.
Daily Record
- Rolls-Royce to axe 9,000 jobs after coronavirus business blowThe CEO said the business 'must take difficult decisions to see through these unprecedented times'.
Birmingham Mail
- Millions of easyJet passengers have emails and addresses exposed in cyber attackMore than 2,000 customers also had their credit card details stolen
Bristol Live
- easyJet hack: Details of nine million customers stolen in cyber attackThousands had their credit card details accessed
Chartered Institute of Logistics and Transport
- EasyJet admits nine million customers hackedEasyJet has admitted that a
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