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BAE Systems To Lose 1,775 Employees As U.K. Restructures Shipbuilding

Cal Biesecker By
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U.K. Prime Minister David Cameron is closing  Portsmouth shipyard in “the national interest,” putting 940 shipyard workers out of work in 2014 at BAE Systems naval ships systems business. In all, BAE will see a total employee loss of 1,775 including the 940 from Portsmouth, with another 835 from Filton, Glasgow and Rosyth, through 2016, the company said in a statement Nov. 6. The U.K. Ministry of Defense (MoD) will pay for the restructuring. PM David Cameron said while the…

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