Tuesday, December 10, 2013

Obamanomics: BAE Systems to cut 135 jobs

December 10, 2013

YORK, Pa. —The BAE Systems facility in York is cutting 135 workers.


The cuts will happen over the next three months, according to a company official. The York facility is entering its lowest production levels in its 30-plus year history, according to the company.
BAE issued the follow news release on Monday:
"The BAE Systems facility in York, Pennsylvania will be reducing its employee base by approximately 135 people over the next three months. Nearly one third of the reductions are due to current programs ending, with the remaining employees impacted as part of rate reductions within the Bradley Industrial Base.
The York Facility is entering its lowest production levels in the program’s 30+ year history, but we continue to work closely with the Army to maintain as much of the base as possible. This includes negotiation of a conversion contract that would extend the Bradley line through mid-2015 but at a significantly reduced level. The rationalization of our manufacturing site is part of the company’s on-going effort to maintain critical skill sets and ensure affordable rates for our customers.
BAE Systems remains committed to its employees, and will provide advance notice of the layoff to those affected by the reductions.
The company’s leadership would also like to recognize and thank the residents of the York area for their support and understanding."

source

No comments: