Wednesday 28 September 2011

BAE set to cut nearly 3,000 UK jobs

(AP) ? Defense contractor BAE Systems PLC will announce Tuesday it is cutting around 3,000 jobs in the U.K.

A person familiar with the matter, who declined to be named because the details had not yet been formally communicated to staff, confirmed the cuts and said information about the redundancies will be relayed to staff at the affected U.K. sites in face to face briefings later.

The news follows days of speculation over possible job losses. British unions say the cuts will deal a "hammer blow" to U.K. manufacturing.

BAE declined to comment, saying that once it had briefed staff on the results of a review of operations then it would communicate those details more broadly.

The cuts are expected to hit sites in BAE's military aircraft division in Warton and Samlesbury in Lancashire, and Brough, East Yorkshire hardest, the person said, adding that the losses are the direct result of "difficult global market conditions."

BAE is also grappling with the implications of cuts to government defense budgets and defense-spending reviews in the U.K. and U.S.

London-based BAE Systems employs around 100,000 people worldwide ? with about 40,000 staff in the U.K.

In December, BAE announced plans to cut nearly 1,300 jobs due to sharp government spending cuts.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/f70471f764144b2fab526d39972d37b3/Article_2011-09-27-EU-Britain-BAE/id-d02f0ae1d8944b11b24f37d10fe5261a

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