Rolls-Royce to Cut 400 Marine Jobs as Oil Hits Ship SalesBy
Decline in crude prompts engine maker to re-size business
Cutbacks to result in $61 million in annual cost savings
Rolls-Royce Holdings Plc said it will cut another 400 jobs at its marine-engines arm as the oil-price decline continues to weigh on demand for the specialist offshore vessels that the business helps power.
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