Aerospace and defense is facing a talent crisis as its workforce ages. Attracting and retaining younger employees will require a radical new approach. Globally, the A&D sector faces multiple challenges as it attempts to attract younger or “green” employees to companies in which the workplace often skews “gray” and in which many of the most … Continue reading
British engineer Rolls-Royce (RR.L) plans to cut 2,600 jobs to save money and has replaced its finance director, aiming to restore confidence following two profit warnings in eight months. The world’s second-largest maker of aircraft engines said the job cuts, which will mostly come in the Aerospace division and will take 18 months to complete, … Continue reading