I wonder how much this is also due to Trump putting pressure on the UK and EU over Iran sanctions.
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Rolls-Royce announces 4,600 job cuts
Collapse
X
-
"A people that elect corrupt politicians, imposters, thieves and traitors are not victims, but accomplices," George Orwell -
Since June 2016 there has been, and will continue to be, good and bad economic news. Employment is at record high levels, but productivity is low. Mini builds a new model at Cowley, while Range rover produces one abroad, and so on. There isn't a preponderance of good/bad news on either side. Against that background, the Armageddon foretold by Osborne et al. has signally failed to arrive.
We can go on interpreting the latest blip of static noise as proof positive of our own views on the Brexit matter, or we can stop boring each other.
New supermarket opens in my village! Proves I was right all along!Last edited by unixman; 14 June 2018, 14:27.Comment
-
they're in deep financial sh1t mainly due to this
https://www.theguardian.com/business...uts-boeing-787
The entire business is based around maintenance contracts and the fecking thing wears out a LOT quicker than expected.See You Next TuesdayComment
-
Originally posted by Lance View Postthey're in deep financial sh1t mainly due to this
https://www.theguardian.com/business...uts-boeing-787
The entire business is based around maintenance contracts and the fecking thing wears out a LOT quicker than expected.It is cutting jobs and reducing non-essential spending on travel and IT upgrades to offset the impact of the engine faults.His heart is in the right place - shame we can't say the same about his brain...Comment
-
Originally posted by Mordac View PostIf they regard IT upgrades as "non-essential", that doesn't bode well...
The place is riddled with middle management promoted beyond their levels of competence so the redundancies are going to hurt people with very few other options.See You Next TuesdayComment
-
Originally posted by unixman View PostSince June 2016 there has been, and will continue to be, good and bad economic news. Employment is at record high levels, but productivity is low. Mini builds a new model at Cowley, while Range rover produces one abroad, and so on. There isn't a preponderance of good/bad news on either side. Against that background, the Armageddon foretold by Osborne et al. has signally failed to arrive.
We can go on interpreting the latest blip of static noise as proof positive of our own views on the Brexit matter, or we can stop boring each other.
New supermarket opens in my village! Proves I was right all along!
Better weather brought some much-needed respite to Britain’s struggling retail sector last month as the hottest May on record brought consumers flocking back to the high street.
The volume of goods sold in shops and online was 1.3% up on April – comfortably beating predictions in the financial markets of a 0.5% increase.Comment
-
Rolls-Royce announces 4,600 job cuts
FFS!
Trent 1000 engine problems on the B787 Dreamliner is the reason for the job cuts...
https://www.ft.com/content/7a5ac666-...d-d8b934ff5ffaComment
-
What about the development of the lean burn engine?"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
-
Originally posted by scooterscot View PostWhat about the development of the lean burn engine?Comment
-
It's very lean if it's never used.
I used to know a guy (friend of a friend but we went on group holidays together) that worked in one of the engineering companies supplying RR engine parts. He was a very nervous flyer. Same as a guy I know who is a helicopter engineer in the Navy. If they don't have much faith in the flying equipment maybe we shouldn't be so blasé about flying either.Maybe tomorrow, I'll want to settle down. Until tomorrow, I'll just keep moving on.Comment
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Streamline Your Retirement with iSIPP: A Solution for Contractor Pensions Sep 1 09:13
- Making the most of pension lump sums: overview for contractors Sep 1 08:36
- Umbrella company tribunal cases are opening up; are your wages subject to unlawful deductions, too? Aug 31 08:38
- Contractors, relabelling 'labour' as 'services' to appear 'fully contracted out' won't dupe IR35 inspectors Aug 31 08:30
- How often does HMRC check tax returns? Aug 30 08:27
- Work-life balance as an IT contractor: 5 top tips from a tech recruiter Aug 30 08:20
- Autumn Statement 2023 tipped to prioritise mental health, in a boost for UK workplaces Aug 29 08:33
- Final reminder for contractors to respond to the umbrella consultation (closing today) Aug 29 08:09
- Top 5 most in demand cyber security contract roles Aug 25 08:38
- Changes to the right to request flexible working are incoming, but how will contractors be affected? Aug 24 08:25
Comment