265 BAE employees to be laid off; 530 had been notified of possibility

Posted at 10:19 AM, Mar 18, 2016
and last updated 2016-03-18 10:19:26-04

Norfolk, Va. – On Friday, BAE Systems announced that 265 employees would receive notice that they are being laid off within the next two weeks.

This round of layoffs will be complete by April 1.

BAE announced in January that 530 employees were notified that their positions could potentially be eliminated.

According to a press release from BAE, recent ship contract awards and additional work on current maintenance contracts have improved the shipyard’s workload and reduced the size of the layoff.

The shipyard’s total workforce has fallen from 1,475 in late September to 1,080 after a round of layoffs in December. After this round of layoffs is complete, the company will employ 815 people.

Delays to the Navy’s ship maintenance plan for the second half of 2016 may result in another round of layoffs in May.

More on BAE:

BAE systems to pay $4.5 million in sex discrimination lawsuit

More layoffs announced for BAE Systems Norfolk shipyard

BAE Systems lays off 160 at Norfolk shipyard; fewer jobs cut than expected

Approximately 650 to be laid off from Norfolk’s BAE shipyard