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Rolls-Royce could create 300 new submarine jobs | |
(about 7 hours later) | |
Hundreds of jobs could be created at Rolls-Royce's submarine business just weeks after 2,600 job losses were announced in its aerospace division. | Hundreds of jobs could be created at Rolls-Royce's submarine business just weeks after 2,600 job losses were announced in its aerospace division. |
About 300 posts in Derby depend on the firm winning an upcoming contract, BBC has learned. | |
The jobs have not been confirmed, but a spokesman said it expected growth would mean "opportunities for redeployment". | The jobs have not been confirmed, but a spokesman said it expected growth would mean "opportunities for redeployment". |
Rolls-Royce, which is the world's second largest aero-engine maker, also builds engines for nuclear submarines. | Rolls-Royce, which is the world's second largest aero-engine maker, also builds engines for nuclear submarines. |
Compulsory redundancies | Compulsory redundancies |
Recruitment has already started in the firm's nuclear division, with 30 Derby-based posts advertised on the Rolls-Royce website. | Recruitment has already started in the firm's nuclear division, with 30 Derby-based posts advertised on the Rolls-Royce website. |
A voluntary redundancy scheme for engineering staff, which has been opened in Derby, Hucknall, Bristol and Birmingham, has so far received 675 applications. | A voluntary redundancy scheme for engineering staff, which has been opened in Derby, Hucknall, Bristol and Birmingham, has so far received 675 applications. |
Under the scheme, an estimated 300 staff are expected to leave the aerospace division by early next year. | Under the scheme, an estimated 300 staff are expected to leave the aerospace division by early next year. |
About 1,200 engineering jobs are being cut from the firm's aerospace division, with 800 of those in the UK, but no compulsory redundancies are expected before August. | About 1,200 engineering jobs are being cut from the firm's aerospace division, with 800 of those in the UK, but no compulsory redundancies are expected before August. |
After last month's announcement of the 2,600 job losses, the company said the cuts would "contribute towards Rolls-Royce becoming a stronger and more profitable company". | After last month's announcement of the 2,600 job losses, the company said the cuts would "contribute towards Rolls-Royce becoming a stronger and more profitable company". |
In October, it warned that underlying revenues for 2014 would between 3.5 and 4% lower than expected. | In October, it warned that underlying revenues for 2014 would between 3.5 and 4% lower than expected. |
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