Rebecca Long-Bailey comments on Rolls-Royce job losses

Rebecca Long-Bailey MP, Labour’s Shadow Business Secretary, commenting on the job losses at Rolls-Royce, said:

 

“This is deeply disturbing news for Derby. Despite making a profit of £4.9bn last year this restructuring means over 4000 people will lose their jobs which is of major economic significance both locally and nationally.

 

“There is a real risk that redundancies of this scale will have a detrimental effect not just on the lives of workers and their families but on the future of skills in this much needed sector and the health of the local economy. 

 

“Today they must provide significant support for employees and discuss with local leaders in Derby what measures they will take to directly support a reinvigorated local industrial strategy. 

 

“It is also imperative that the Company honours previous commitments to no compulsory redundancies.”