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BAE Systems strikes blow to U.K. manufacturing sector

Jaclyn Jaeger | October 10, 2017

Defense contractor BAE Systems has just dealt a major blow to the U.K. manufacturing sector, following today’s announcement that it will be cutting nearly 2,000 jobs.

Its revised organisational structure effectively will “remove management layers,” including the Platforms & Services (P&S) U.K. and P&S International operating groups. Separately, BAE Systems announced proposed reductions to its military air and information and maritime services workforce “to align capacity more closely with current and expected orders.”

“The organisational changes…accelerate our evolution to a more streamlined, de-layered organisation, with a sharper competitive edge and a renewed focus on technology,” BAE Systems Chief Executive Officer Charles Woodburn said in a statement.

“Separately, we are also announcing actions at some of our U.K. sites to align our workforce capacity more... To get the full story, subscribe now.