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BAE Systems to axe up to 642 jobs


Defence equipment firm BAE Systems BAE Systems

British manufacturer of aircraft, missiles, avionics, naval vessels, and other aerospace and defense products. BAE Systems was formed (1999) from the merger of British Aerospace (BAe) with Marconi Electronic Systems.
 on Thursday Thursday: see week.  said it was planning to cut up to 642 jobs in Britain in order to "remain competitive."

BAE said jobs would go at its integrated system technologies (Insyte) business, whose products include radar surveillance.

"BAE Systems announced today that it will soon start consultation regarding 642 potential job losses across eight UK sites," the company said in a statement.

The managing director for BAE Systems Insyte, Rory Fisher said: "We have a responsibility to address a reduction in our forecast workload The term workload can refer to a number of different yet related entities. An amount of labor
While a precise definition of a workload is elusive, a commonly accepted definition is the hypothetical relationship between a group or individual human operator and task demands.
 and manage our cost base to remain competitive and meet our customers' future requirements."
Copyright 2009 AFP European Edition
No portion of this article can be reproduced without the express written permission from the copyright holder.
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Author:AFP
Publication:AFP European Edition
Date:Nov 26, 2009
Words:102
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