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BAE Systems to axe 2,000 jobs

2 minute read
BAE Systems to axe 2,000 jobs

Published at 10:15am 10th October 2017. (Updated at 10:16am 10th October 2017)

Almost 2,000 jobs are to go at defence giant BAE Systems.

Of those, around 150 posts will be made redundant at the firm's Guildford and London offices.

BAE says it is cutting jobs in its military, maritime and intelligence services in a bid to streamline its business.

Most of the roles being cut are at sites in Lancashire, Yorkshire and Portsmouth.

Charles Woodburn, Chief Executive of BAE Systems plc, which has head offices in Farnborough said: "The organisational changes we are announcing today accelerate our evolution to a more streamlined, de-layered organisation, with a sharper competitive edge and a renewed focus on technology.
"These actions will further strengthen our company as we deliver our strategy in a changing environment.

 

"Separately, we are also announcing actions at some of our UK sites to align our workforce capacity more closely with near-term demand and enhance our competitive position to secure new business. 

 

"Those actions are necessary and the right thing to do for our company, but unfortunately include proposed redundancies at a number of operations. 

 

"I recognise this will be difficult news for some of our employees and we are committed to do everything we can to support those affected."

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