Rolls-Royce to Cut 300 More Management Posts as Profit Sputters

  • Aerospace giant struggling to break even in first six months
  • CEO East says 2016 `challenging' amid shift between products

Rolls-Royce Holdings Plc said it’s working on plans to eliminate as many as 300 more management posts as the maker of engines for Airbus Group SE and Boeing Co.’s biggest jets steps up a cost-cutting drive amid sputtering first-half earnings.

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