BAE Systems to cut nearly 2,000 staff as Typhoon jet orders plunge
London — British defence company BAE Systems announced nearly 2,000 job cuts on Tuesday, mostly at its military aircraft operations, after orders for its Typhoon fighter jet slowed. The job losses are part of a shake up by Charles Woodburn, who took over as CEO in July and plans to streamline the business and revamp its air and maritime operations. The Eurofighter Typhoon jet has won fewer orders this year than the rival Rafale built by France’s Dassault Aviation, as a major order expected from Saudi Arabia has not materialised, although Qatar agreed to buy 24 Typhoons in September. Britain’s Unite union said it would fight the "devastatingly short-sighted" job losses as BAE said it will also cut around 375 jobs at its maritime operations and 150 roles at its Applied Intelligence business, as part of a reorganisation designed to be make the business more competitive. The group, which employs 34,600 people in the UK, has already slowed production at two of its plants in Lancashire, n...
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