Rolls-Royce expected to announce it will shed 4,000 jobs
The measures, which will be presented to the board at its scheduled meeting on October 18, are the first taken by the company since the September 11 attacks.
The group, which last August announced it would axe 6,000 jobs by 2003 as part of a wider cost reduction programme, is understood to be considering further cuts to its 43,000-strong workforce of between 3,000 and 4,000.
