BAE Systems announces 700 job losses in Barrow-in-Furness, 265 in its shipyards on the Clyde, 50 from Waterlooville and up to 30 jobs at Farnborough, Hampshire.
According to a statement, these actions will be taking effect progressively and the company will enter into consultations with employees and Trade Union representatives. Additionally, BAE Systems has announced that it intends to continue to develop Barrow-in-Furness as its centre for submarine programmes.
The company now plans to consolidate its work on the Type 45 Destroyer build programme into the BAE Systems shipyards on the Clyde. This proposal is currently under consideration by the UK MoD.
The jobs cuts are said to reflect the need of BAE Systems to continue to maximise efficiency whilst retaining the full capability to deliver Sea Systems products into the UK and export markets.