Rolls-Royce could axe up to 8,000 jobs after aircraft manufacturers were forced to cut production during the Covid-19 pandemic.
The aeroplane engine maker employs 52,000 people worldwide, with 23,000 staff in the UK.
According to a company source, senior leaders have warned “cuts could be as high as 8,000, but efforts to mitigate the impact are ongoing”.
It had announced plans to save £750m but now “needs to take further action”.
The aviation industry has been badly hit by the pandemic as many flights across the world have been suspended.