RE: CEO news26 Jan 2023 22:42
What he said was.....
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https://www.ft.com/content/778674da-f228-4882-aa7b-41357bbbb8f9
Addressing staff, Erginbilgic said: “We do have a burning platform, not because I say so but because of what I am going to share with you.”
The company’s performance was “unsustainable”, he said, adding: “It is at a level [at which] it cannot continue. Rolls-Royce has not been performing for a long, long time, it has nothing to do with Covid, let’s be very clear. Covid created a crisis, but the issue in hand has nothing to do with it,” Erginbilgic said.