Portsmouth should be safe from swingeing BAE job cuts

Chamber comments on the post-Brexit budget

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STAFF at BAE Systems in the UK were today due to find out whether their jobs are safe.

The defence firm, which has part of its shipbuilding and radar business in Portsmouth, has been reviewing its national structure and is expected to axe 3,000 jobs.

BAE Systems’ head office in London has not revealed where the axe will fall, but it is expected to affect its aviation business only, with plants in Lancashire and East Yorkshire among the worst affected.

A statement from the company issued yesterday simply said: ‘BAE Systems has informed staff that we are reviewing our operations across various businesses to make sure the company is performing as effectively and efficiently as possible, both in delivering our commitments to existing customers and ensuring the company is best placed to secure future business.

‘As the outcome of this review becomes clear, we will, as always, communicate to our employees as a priority.’

Last year’s government defence spending review led to BAE announcing up to 2,500 redundancies nationally.