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Posts Tagged ‘BAE Systems’

BAE announces job losses

BAE systems, one of the UK’s largest defence and aerospace companies, has announced it has begun consultations with staff over potential job losses.


BAE Systems plans to cut 642 jobs across eight UK sites as a result of a drop in orders and contracts at its Insyte business.


QinetiQ has announced that its Chief Executive, Graham Love, has resigned from his post and will leave on 30 November 2009, with Leo Quinn, former CEO of De La Rue plc replacing him.


BAE Systems has announced it will close its Woodford site in Cheshire and will axe 1,116 jobs from its sites in Woodford, Samlesbury, Warton, and Farnborough.


The world’s third largest defence company BAE Systems is to close three sites in the UK, resulting in 500 job losses.


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