Defence Firm Set to Wield Jobs Axe ; Hundreds Face Threat Thanks to Regulations

The Journal › October 30, 2009

Linked as:

Summary

STRICT Government spending rules could mean hundreds more jobs are lost at a Tyneside defence company.

BAE Systems has warned 217 jobs are likely to go at its Newcastle factory following further restructuring. The cuts, amounting to a third of the workforce, were originally set to result in 50 posts being axed.

See the full content of this document

Extract

Defence Firm Set to Wield Jobs Axe ; Hundreds Face Threat Thanks to Regulations

But BAE claims that "damaging" Ministry of Defence contract rules mean it has to ensure it has a workforce built around the Government's Defence...

See the full content of this document