BAE Systems plans to cut nearly 1,400 jobs in Britain
BAE Systems, the British maker of military equipment, said on Thursday that it was looking to cut almost 1,400 jobs in Britain following the government's decision to reduce defence spending.
"Following a detailed review of the implications of the UK government's Strategic Defence and Security Review ... BAE Systems has announced it has started consultation regarding potential job losses" at sites across Britain, the company said in a statement.
BAE Systems identified 1,397 positions set to disappear, including 668 at a site in Warton, Lancashire in northwest England.
© 2010 AFP