WEST CHESTER, OH (FOX19) - BAE Systems has announced it will be reducing its workforce in West Chester by approximately 200 positions.
The layoffs will take place during the 2nd and 3rd quarters of 2011.
Company officials say the reductions are necessary to ensure the business remains competitive and is the right size to meet customer requirements, and the West Chester operation has experienced a marked decrease in production due to the winding down of some long-standing programs, leaner defense budgets, and a challenging economy,
"Our leaders recognize the impact that reductions have on our employees, their families and the community at large. However, it is critical that we position ourselves for future growth and secure new programs with a leaner workforce," said Chris Chambers, Vice President and General Manager of the Tactical Wheeled Vehicle Product Line, which has oversight of the West Chester operation. "The reduction in force we announce today in no way reflects upon the work and dedication of employees affected, and we will do all we can to assist them through this difficult transition."
Each eligible employee will be offered a severance package, and career transition assistance, as well as the opportunity to apply for open positions within the BAE Systems' family of companies. All impacted employees will be given advance notice.
The company's leadership would also like to recognize and thank the residents of West Chester Township and the City of Fairfield for their support and understanding during the past several months.
Following this reduction, as well as due to normal attrition, including voluntary separations, transfers, and retirements, the business will employ approximately 430 in West Chester.