BAE to shed nearly 2,000 jobs

Typhoon jets
Some 750 workers at BAE Systems Warton and Salmesbury sites in Lancashire are to lose their jobs as a result of reduced demand for Eurofighter Typhoon where it is manufactured. The job cuts are among nearly 2,000 announced by the listed defence company today in the wake of widespread speculation yesterday. The Lancashire losses are among 1,400 to go from BAE’s military air and information business, which also include 400 in Brough on Humberside. The move is part of a “re-organisation and rationalisation” programme effec... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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