Rolls-Royce Holdings is reportedly planning to cut approximately 2,500 jobs globally as part of a cost-cutting initiative led by its new CEO, Tufan Erginbilgic. The job cuts are expected to impact hundreds of staff in the UK. Rolls-Royce has not yet commented on the reported job cuts. The company has been focusing on managing costs to counter inflationary pressures, and in May, it denied making any workforce changes.