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Boeing deepens strategy cuts as operations take center-stage: Sources

Boeing has been grappling with supply disruption at a time when it is saddled with almost $40 billion of debt stemming from the COVID-19 travel slump and an earlier 737 MAX safety crisis. But some critics worry the increased operational focus is diverting attention from Boeings long-term future at a crucial stage for the industry.
Richard Aboulafia Nick Cunningham Marc Allen Dave Calhoun Stephanie Pope Global Services

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Rolls-Royce set to cut 2,500 jobs worldwide • BusinessMirror

Rolls-Royce Holdings Plc plans to eliminate as many as 2,500 positions worldwide and will streamline operations, enacting the deepest job cuts yet under Chief Executive Officer Tufan Erginbilgic. The reductions will target 2,000 to 2,500 employees, or about 6 percent of the global staff, the company said in a regulatory statement, confirming reports of job
United States United Kingdom City Of Grazia Vittadini Tufan Erginbilgic Simon Burr

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