BAE Systems trims 230 jobs
BAE Systems, a company engaged in the development, delivery and support of advanced defence and aerospace systems in the air, on land and at sea, said today it is cutting 230 jobs and shutting down a factory located in Wolverhampton, England.
BAE is closing a vehicle business that employs about 700 people in the U.K. BAE has about 98,200 people worldwide.
The vehicle business shutdown will result in 70 terminations. An additional 160 jobs are to be cut at other facilities in the same division, including 100 in Newcastle.
After the site at Wolverhampton closes, some work will be transferred to a plant at Telford, according to a company spokesperson.
The U.K. business will now focus on supporting U.K. army vehicles, the spokesperson added.
According to Bloomberg.com, BAE completed a prior restructuring at the vehicle business in 2009, when it cut about 590 jobs and closed three plants in response to the British government’s delay in purchasing armored vehicles. The U.K. named General Dynamics U.K. as the preferred bidder for its specialist armored-vehicle contract the following year.
The Daily Mail writes that after the layoff announcement, union leaders expressed their disappointment over the news, with Tony Hammond of the Prospect trade union describing the axes as ‘another nail in the coffin’ of military equipment manufacturing in the country.
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