November 24, 2008

MOD spending will lead to a cut in jobs

Story link: MOD spending will lead to a cut in jobs

You can’t really blame the MOD for cutting spending to be honest.

BAE are one of many reputable companies that are slowly letting their employees down.
200 is certainly a lot of job losses but the fact of the matter is employers can’t keep staff on when they can’t afford to.

MOD spending will lead to a cut in jobs

Thousands of manufacturing jobs and the future of smaller suppliers are under threat because of a Ministry of Defence funding shortfall, says the chairman of the industry’s senior trade body.

Mike Turner, chairman of the Defence Industries Council and former chief executive of Britain’s top defence manufacturer BAE, warned thousands of jobs would be lost in the next 18 months.


 

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