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February 11, 2010    

BAE to cut further 230 jobs

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by Kay Murchie
”BAE

Defence giant BAE Systems has today announced plans to axe 230 staff at its submarine site in Barrow-in-Furness.

The job losses are part of a business review and follow the 2,300 job cuts made last year, which were the result of a lack of future contracts.

The company, which is Europe’s largest defence contractor, has a global workforce of more than 100,000 people, with 32,600 of those based in the UK at a total of 80 sites. In 2008, global sales exceeded £18.5 billion.

Meanwhile, returning to today’s announcement, the company said the job losses were “necessary but regrettable” and the firm has launched a 90-day consultation with unions.

John Hudson, managing director at BAE Systems Submarine Solutions, said: “These steps are regrettable but necessary to ensure a sustainable business, thereby allowing the company to deliver to the customer in line with their expectations of value and schedule. We have a responsibility to manage our cost base to remain competitive and meet our customers’ future requirements.”

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