Up to 30 jobs at BAE Systems’ Cowes site are at risk following today’s (Tuesday) announcement that almost 2,000 jobs are to be cut nationwide.
A total of 340 jobs will be lost from the company’s Maritime Services arm in Portsmouth with a further 30 jobs to be cut at ‘other locations’ around the country – which could well include Cowes.
Some 242 people are currently employed at the Newport Road site.
Elsewhere in the country, 750 jobs are to be lost in Lancashire with a further 400 posts going in East Yorkshire, 245 in Norfolk and North Yorkshire and 150 in London and Guildford.
Charles Woodburn, Chief Executive of BAE Systems plc has today said:
“The organisational changes we are announcing today accelerate our evolution to a more streamlined, de-layered organisation, with a sharper competitive edge and a renewed focus on technology. These actions will further strengthen our company as we deliver our strategy in a changing environment.
“Separately, we are also announcing actions at some of our UK sites to align our workforce capacity more closely with near-term demand and enhance our competitive position to secure new business. Those actions are necessary and the right thing to do for our company, but unfortunately include proposed redundancies at a number of operations. I recognise this will be difficult news for some of our employees and we are committed to do everything we can to support those affected.”
