'Speculation' over 450 job losses at BAE Systems

BAE Systems in Samlesbury

BAE Systems in Samlesbury

First published in News Preston and Leyland Citizen: Photograph of the Author by , Health Reporter

BAE Systems has moved to reassure employees after claims that up to 450 management jobs could be axed.

A spokesman for the defence and aerospace company acknowledged ‘there is a review ongoing’, but said the rumoured numbers were ‘simply speculation’.

He added: “We are talking to our employees first, but no numbers have been decided or announced. At the moment we are having conversations with 2,000 workers in executive roles.”

Last month the company, which employs about 11,000 staff at sites in Samlesbury and Warton, said its profits had been hit by a rise in the value of the pound, as well as lower demand due to military cuts by the US and UK governments.

Its underlying profit fell nearly eight per cent to £802m, as sales fell 10 per cent to £7.6bn.

Phil Entwistle, convener for the Unite union at BAE, said the union would not be involved if there were cuts to management posts, as that section of the workforce was not unionised.

The firm said in a statement: “BAE Systems continually reviews its operations to ensure we are running as effectively and efficiently as possible.

“The business faces a number of challenges and, with an extremely competitive global defence market, affordability is becoming an increasingly key element of securing business.

“To achieve a profitable and sustainable long-term business, success in the market is essential and we need to ensure we are in the best possible position to secure those opportunities.

“As always, should any issues arise that directly affect our employees then our policy is to communicate with our employees first through the normal channels.”

Comments (5)

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6:58pm Mon 1 Sep 14

zabby says...

If these people get finished ,they will get sanctioned if they don't take minimum wage jobs,even though the minimum wage or zero hours contract jobs don't pay the bills
If these people get finished ,they will get sanctioned if they don't take minimum wage jobs,even though the minimum wage or zero hours contract jobs don't pay the bills zabby
  • Score: -3

11:10pm Mon 1 Sep 14

trevhd says...

As an ex employee usually these losses will be by early retirement with a pension and cash sum so I don't think they will be looking at re employment on minimum wage.
As an ex employee usually these losses will be by early retirement with a pension and cash sum so I don't think they will be looking at re employment on minimum wage. trevhd
  • Score: 4

11:20pm Mon 1 Sep 14

M Foster says...

I am always sorry to learn of people who lose their jobs but I have to say that too much of the West's economy (particularly the USA where it is the largest contributor, bankrolled by the doomed Federal Bank's US$ QE) is dependant on profits from weapons of war, often with innocent people such as you and me being the victims. I hope any made redundant are able to go on to useful employment and (metaphorically speaking) are able to turn swords into `plough shares'.
I am always sorry to learn of people who lose their jobs but I have to say that too much of the West's economy (particularly the USA where it is the largest contributor, bankrolled by the doomed Federal Bank's US$ QE) is dependant on profits from weapons of war, often with innocent people such as you and me being the victims. I hope any made redundant are able to go on to useful employment and (metaphorically speaking) are able to turn swords into `plough shares'. M Foster
  • Score: -2

6:54am Tue 2 Sep 14

zabby says...

M Foster wrote:
I am always sorry to learn of people who lose their jobs but I have to say that too much of the West's economy (particularly the USA where it is the largest contributor, bankrolled by the doomed Federal Bank's US$ QE) is dependant on profits from weapons of war, often with innocent people such as you and me being the victims. I hope any made redundant are able to go on to useful employment and (metaphorically speaking) are able to turn swords into `plough shares'.
Thing is we need weapons to protect ourselves from the global jihad which is taking place right now
[quote][p][bold]M Foster[/bold] wrote: I am always sorry to learn of people who lose their jobs but I have to say that too much of the West's economy (particularly the USA where it is the largest contributor, bankrolled by the doomed Federal Bank's US$ QE) is dependant on profits from weapons of war, often with innocent people such as you and me being the victims. I hope any made redundant are able to go on to useful employment and (metaphorically speaking) are able to turn swords into `plough shares'.[/p][/quote]Thing is we need weapons to protect ourselves from the global jihad which is taking place right now zabby
  • Score: 4

3:09pm Tue 2 Sep 14

woolywords says...

zabby wrote:
M Foster wrote:
I am always sorry to learn of people who lose their jobs but I have to say that too much of the West's economy (particularly the USA where it is the largest contributor, bankrolled by the doomed Federal Bank's US$ QE) is dependant on profits from weapons of war, often with innocent people such as you and me being the victims. I hope any made redundant are able to go on to useful employment and (metaphorically speaking) are able to turn swords into `plough shares'.
Thing is we need weapons to protect ourselves from the global jihad which is taking place right now
With the UK building nuclear submarines at a cost ranging from £747M to £1,160M each, I think M Foster has a point. I'm not convinced that £5721M spent on them is ever going seen as 'value for money'.. Do you?
(£1172M gives kids, free school meals.. That's value for money.)
How many millions were spent on chasing Osama around Afghanistan, along with lives lost on both sides, only for him to be found living next door to the Pakistani SIS? Was that, value for money?
Not to mention the farcical situation of where we've two aircraft carriers, with no planes to put on them!
Northern Ireland is set to rule itself, Wales is doing already, with Scotland to follow suit, which leaves England as a tiny, insignificant spot of red on the map of the world, where 4 out 10 children live in poverty. With untold numbers unemployed or on benefits and with dwindling resources, coupled with a shrinking manufacturing base. And we want to go sabre-rattling around the planet? I think not.
Until we can run this country properly, we have no business telling others how to run theirs.
[quote][p][bold]zabby[/bold] wrote: [quote][p][bold]M Foster[/bold] wrote: I am always sorry to learn of people who lose their jobs but I have to say that too much of the West's economy (particularly the USA where it is the largest contributor, bankrolled by the doomed Federal Bank's US$ QE) is dependant on profits from weapons of war, often with innocent people such as you and me being the victims. I hope any made redundant are able to go on to useful employment and (metaphorically speaking) are able to turn swords into `plough shares'.[/p][/quote]Thing is we need weapons to protect ourselves from the global jihad which is taking place right now[/p][/quote]With the UK building nuclear submarines at a cost ranging from £747M to £1,160M each, I think M Foster has a point. I'm not convinced that £5721M spent on them is ever going seen as 'value for money'.. Do you? (£1172M gives kids, free school meals.. That's value for money.) How many millions were spent on chasing Osama around Afghanistan, along with lives lost on both sides, only for him to be found living next door to the Pakistani SIS? Was that, value for money? Not to mention the farcical situation of where we've two aircraft carriers, with no planes to put on them! Northern Ireland is set to rule itself, Wales is doing already, with Scotland to follow suit, which leaves England as a tiny, insignificant spot of red on the map of the world, where 4 out 10 children live in poverty. With untold numbers unemployed or on benefits and with dwindling resources, coupled with a shrinking manufacturing base. And we want to go sabre-rattling around the planet? I think not. Until we can run this country properly, we have no business telling others how to run theirs. woolywords
  • Score: -4
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