The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture For Transport Equipment Manufacture Of Other Transport Equipment 30 - Manufacture of other transport equipment
600 jobs Number of planned job losses
Announcement Date
3 April 2008
Employment effect (start)
3 April 2008
Foreseen end date
31 December 2010
Description
BAE, a global company engaged in the development, delivery and support of advanced defence and aerospace systems, has announced that it is to cut 600 job in its plants at Brough and Woodford. The 466 losses at Brough follow BAE's loss of a contract to supply 35 Hawk trainer jets to the United Arab Emirates. The company has announced that the majority of job losses will be in the areas of engineering, but will also affect support staff. The 134 Woodford job losses will also be concentrated in engineering as BAE changes its focus from manned to unmanned fighter aircraft. The company announced that the division was overstaffed given the workload for the engineering team. The job losses will be phased starting this year and continuing up until 2010. Unite, the trade union representing staff at BAE has announced that it will oppose compulsory redundancies. It cited rising competition as one of the causes of the job losses but argued that the UK government should safeguard the UK's aerospace industry.
Sources
3 April 2008: BBC Website
Citation
Eurofound (2008), BAE Systems, Internal restructuring in United Kingdom, factsheet number 66475, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66475.
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