MORE than 50 jobs are being axed at a global aerospace company in Segensworth.
Turbomeca UK, which manufacturers and repairs helicopter engines, has suffered a downturn in business since the recession.
A spokesman for the company said it is reviewing its operations across the world and it will be making redundancies in the UK, America and France as a result.
Fifty-six people employed in the repair section of the Fareham base, which has 200 staff, will lose their jobs next year as these repairs will move to other locations.
The company’s existing support, maintenance and accessory manufacturing and repair activities are to remain and continue at the site in Fareham, employing around 150 people.
The spokesman said: ‘The company entered into detailed consultations with the employees on November 5. These proposals will potentially impact 56 full-time roles.
‘The company will seek to redeploy those affected where possible. A support programme is also available to help them find suitable employment elsewhere.
‘Turbomeca UK will continue to provide excellent customer service through its existing support and maintenance activities, as well as the repair and manufacturing in the UK, thereby securing the future of the remaining 75 per cent of the local workforce.’
UK CEO Frederic Fourciangue said: ‘The review of our UK operations is being made as part of a wider, global programme to ensure we are best placed for the next stage in our development.
‘I recognise this proposal will be unsettling for our employees but I will be doing my utmost to ensure we minimise the impact and fully support those affected. Turbomeca UK remains fully committed to its customers, its employees and the industry.’
Fareham MP Mark Hoban said he was disappointed by the news.