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Helicopter firm to cut 375 jobs
Tuesday October 11th 2011
Helicopter manufacturer AgustaWestland has announced that some jobs could be lost as a part of restructuring of its UK operations.
As the company is planning to expand in the commercial sector, the Finmeccanica-owned business said that nearly 375 jobs are to be axed, largely from management and corporate roles in Yeovil and at Farnborough in Hampshire.
The firm cited the spending cuts at the Ministry of Defence and a slowdown in export orders to be the main factors behind the job losses.
At its main factory in Yeovil and headquarters in Farnborough, AgustaWestland employs almost 3,600 workers in the UK.
Jim Murphy, shadow secretary of state for defence, said that the firm's Yeovil operation offered "a brilliant workforce and world-class helicopter production".
Mr Murphy told the BBC News Channel: "The worrying thing for BAE and possibly now for Westland is that the British Government isn't willing to support enough British industry."
He added: "We can't always buy British, but we should be supporting British companies who are world-leaders."
Copyright © Press Association 2011
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