BAE confirms it is slashing 2,000 jobs

Redundancies down to falling demand, says chief exec

BAE Systems has confirmed it is to slash 2,000 jobs across its military, maritime and intelligence services operations.

Some 750 roles will be cut in Warton & Samlesbury in Lancashire, England, where the firm builds its Eurofighter Typhoon.

Another 400 will go in East Yorkshire; 245 are to be cut in RAF Marham & RAF Leeming; 340 are to go from Portsmouth & Solent; 150 from London, Guildford and other Applied Intelligence locations; and 30 from separate locations.

Reports of more than 1,000 job cuts at the firm had first emerged yesterday.

Charles Woodburn, chief exec of BAE Systems, said the organisational changes are intended to create a more "streamlined" and "de-layered organisation." He said the actions at some of its UK sites will align its workforce capacity "more closely with near-term demand".

"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.”

BAE employs 34,800 people in the UK.

The redundancies will take effect from 1 January 2018.

Under the changes the firm will appoint a new Chief Technology Officer to focus on investments, developments and exploitation of technologies across our products, services and operations.

"The proposed restructuring of our Applied Intelligence cyber security business will drive continued growth from a more targeted portfolio of products and services focussed on providing leading cyber security, intelligence and financial crime prevention capabilities to government and commercial customers in priority geographic markets," it said in a statement. ®

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