BAE Systems To Cut 1300 jobs

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BAE Systems To Cut 1300 jobs - Defence contractor BAE Systems (BAES.L) said on Thursday it planned to cut 1,300 jobs in Britain because of the ruling coalition's defence cuts.

"Following a detailed review of the implications of the UK government's Strategic Defence and Security Review (SDSR) ... BAE Systems has announced it has started consultation regarding potential job losses at six of its UK sites and two RAF (Royal Air Force) bases," BAE Systems said in a statement.

Up to 1,307 jobs could go in Britain as a result, it said. In addition, BAE Systems Saudi Arabia was looking to cut 90 jobs at its British business, the company said.

BAE Systems To Cut 1300 jobs

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