08/04/2004

1,000 jobs to go at BAE Systems

Up to 1,000 jobs are set to be axed by the defence giant BAE Systems, the BBC has reported today.

The jobs will be cut at two BAE Systems' plants in Lancashire – Warton and Samlesbury. The factories, which produce parts for military aircraft, will see a headcount loss of 500 this year followed by 500 next year.

The defence and weapons system manufacturer blamed a market downturn for the move. The job losses were necessary as it was the only viable option for the company, a spokesperson said.

(gmcg)

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