BAE to shed 200 staff.WORKERS at 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 Tyneside For the 1885–1918 parliamentary constituency, see . Tyneside is a conurbation in northern England, which is home to over 80% of the metropolitan county of Tyne and Wear. have suffered a blow after the company revealed more than 200 jobs are set to be axed. Back in April, the company said a series of Government contract delays meant it was going to have to shed 50 jobs at its Newcastle Newcastle, city, Australia Newcastle, city (1991 pop. 262,331), New South Wales, SE Australia, on the Pacific Ocean. It is the center of one of the country's largest coal-mining areas and is a large port. Coal, wool, iron and steel, and wheat are exported. site. But now it has announced that figure will rise to 217 after a company review. Bosses at the Vickers factory in Scotswood Road, which makes armoured vehicles armoured vehicle Motor vehicle with plating for protection against bullets, shells, or other projectiles that moves on wheels or tracks. The tank is the chief armoured vehicle for larger military forces. for troops in Afghanistan, say they have no choice if they want to stay competitive. Global Combat Systems Vehicles managing director Jan Soderstrom said: "These job losses, while regrettable, are absolutely necessary and reflect the reality of the market we are operating in." FULL STORY: PAGE 2 |
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