Thursday, 31 May 2012

BAE plans to cut 600 jobs in Newcastle

By Graham Ruddick

11:03AM BST 31 May 2012




The defence company is battling to deal with spending cuts by the Government and has already cut thousands of jobs in the UK.

The Newcastle site is producing the Terrier engineering vehicle but BAE says there is “no prospect of new UK armoured vehicle manufacturing” beyond the end of 2013, when it plans to close the factory.

BAE has launched consultations with trade unions about cutting 330 jobs at Newcastle as well as 280 at its munitions business in Crewe, Washington in the north east, and Glascoed in south Wales. A further ten jobs could be lost at BAE’s head office in Farnborough.

Following the cuts, BAE says it will consolidate its UK armoured vehicle support work in Telford.

Charlie Blakemore, BAE managing director, said: “We need to adapt to very challenging market conditions and further reduce our overheads to drive better value for our customers and increase our competitiveness in the export market.

“I know that this is difficult news for employees and we will do all we can to help them through this difficult period and mitigate the proposed job losses wherever possible.”

No comments:

Post a Comment