Summary

  • More than 4,000 jobs to be lost at Rolls-Royce

  • Derby engineering base expected to be hit hard

  • Cuts expected to focus on middle management and back office staff

  • Two-year timescale on job losses - third of cuts expected by end of 2018

  • Rolls-Royce chief says compulsory redundancies 'inevitable'

  • Company claims restructuring will save £400m a year

  • Unite union warns of 'dire consequences' for communities

  • Latest updates for Thursday 14 June 2018

Live Reporting

Calum McKenzie and Heather Burman

  1. Rolls-Royce 'doing well' despite job cuts

    Chris Doidge
    BBC Radio Derby, political reporter

    Importantly for Derby, Rolls-Royce says it wants to "reduce management layers and complexity, including within engineering."

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    Aside from the jobs news, the statement makes clear that the company is doing well.

    "We are poised to become the world leader in large aircraft engines," it said.

  2. Rolls-Royce: 'Over 2,000 job losses in Derby'

    Chris Doidge
    BBC Radio Derby, political reporter

    Of 4,600 job losses at Rolls-Royce, we understand around half - maybe slightly more - could be in Derby.

  3. Rolls-Royce announces 4,600 job cuts

    Dave Wade
    BBC News

    Derby's Rolls-Royce base is expected to be hit hard by major job cuts announced this morning.

    rolls-roycePA

    The engineering firm said it's axing 4,600 jobs in a restructuring programme, which will see middle managers and back-office staff take the brunt.

    The engineering firm is refocusing its business on civil aerospace, defence and power systems, it's said.

    About a third of the job cuts are expected to happen by the end of this year.

    We'll bring you more on this through the day.

  4. Good morning

    Dave Wade
    BBC News

    Welcome to Thursday's updates. We'll be bringing you the latest on major job cuts announced this morning by Rolls-Royce.

    Heather Burman, Calum McKenzie and I will be bringing you today's latest news, sport, travel and weather updates.

  5. Latest updates: Job cuts at Rolls-Royce

    Live updates following the news that hundreds of jobs are to be lost at Derby-based Rolls-Royce.

    Read More