BAe warns Royal Ordnance staff of job cuts
Tuesday 16 February 1999
Company officials told unions that the munitions manufacturer was suffering "huge losses".
Jack Dromey, at the Transport and General Workers' Union, said British Aerospace had warned that its Ordnance unit was facing the worst crisis in its history.
"The company has threatened both a pay freeze for next year and the possibility of pay cuts this year," he said.
Mr Dromey said unions representing RO's 4,000 workers were calling on BAe to back its loss-making subsidiary, and on the Government to intervene.
"Our defence ministers are not backing our ordnance factories in the same way as our European competitors," he said.
BAe has been discussing the possibility of a joint venture to merge RO with German firm Rheinmetal, but nothing has been agreed.
The problem stems from the fact that the Ministry of Defence has slashed orders from pounds 350m a year to pounds 150m since BAe bought the business from the government 10 years ago.Unions fear that six factories and 2,500 jobs could be at risk.
- 1 Edward Heath 'raped 12 year-old boy at Mayfair flat'
- 2 London is the most googled city in the world
- 3 Porn block in India: hundreds of sexual websites banned, internet outraged
- 4 Giant Minion terrorises drivers in Ireland as 40ft inflatable blocks traffic on Dublin road
- 5 Richard Dawkins ridicules Sabrina Corgatelli for claiming her giraffe kill was 'ethical'
Is Britain really full up? Are migrants taking our jobs? Leading academic answers the most common anti-immigration claims
Calais Migrant Crisis: Deputy Mayor of Calais labels Cameron's use of 'swarm' as 'racist' and 'ignorant'
Chris Leslie: Jeremy Corbyn's anti-austerity agenda will harm the poor, says Labour shadow Chancellor
Landlords renting properties to illegal immigrants to face up to five years in prison
While we fixate on Calais, the Home Office is quietly deporting dozens of migrants on 'ghost flights'
Labour leadership race: Jeremy Corbyn could be the next Prime Minister, says Ken Clarke
iJobs Money & Business
£35 - £50k DOE: Guru Careers: A Tax Manager / Accountant (ACA / CA / CTA) is n...
£35000 - £37000 per annum + benefits: Ashdown Group: Contracts Executive - Cit...
£20000 - £25000 per annum + OTE £45K: SThree: SThree Group have been well esta...
£21000 per annum: Recruitment Genius: This is an exciting opportunity to join ...