BAE Systems is bracing for cuts if sequester isn't stopped

By Candace Chapman

BAE Systems is bracing for cuts if sequester isn't stopped

March 4, 2013 Updated Mar 4, 2013 at 5:33 PM EDT

Endicott, NY (WBNG Binghamton) BAE Systems continues to estimate it will have to cut 10 percent of its US workforce unless Congress takes action to stop sequester budget cuts.

“We at BAE Systems – like military leaders, most national security experts and defense and aerospace industry workers – urge Congress to act immediately to reverse the automatic and across-the-board cuts to defense spending from sequestration which occurred on March 1," stated Kristin Gossel with BAE Electronic Systems.

Gossel said the company stands by its initial estimate that the sequestration could result in a 10% workforce reduction or about 4,000 jobs. Gossel could not estimate what the impact would be on jobs at BAE's site in Endicott.

"At this time, we still do not know exactly how sequestration would be implemented for individual programs and await specific guidance from our customers. If and when we receive guidance on specific programs, we will fulfill all of our legal obligations to notify potentially impacted employees in advance of any action," she said.

Gossel said the company would keep employees informed throughout the process.

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