Rolls-Royce plans to cut up to 2,000 jobs
Rolls-Royce Group PLC said Thursday it plans to cut up to 2,000 jobs next year as demand for its products slumps amid the global economic downturn.
Continental Airlines yesterday said it would cut 3,000 jobs, or about 6.5 per cent of its work force, and retire 67 older planes as it scales down in the face of soaring fuel prices.