BAE Systems Cutting 200 Jobs At Tenn. Plant
JEFFERSON CITY, Tenn. (AP) — Body armor manufacturer BAE Systems is laying off about 200 employees at its East Tennessee plant because of a sluggish economy and the failure to win an anticipated contract.
WBIR reported that the layoffs will leave about 120 employees on the job. The company cut 74 jobs at theplant in February.
BAE said the company has had to reduce its work force because of the ailing economy and the "overall cyclical nature associated with the defense industry."
The company said the failure to win a contract to produce the improved outer tactical vest was a direct factor in the decision to lay off its employees.
The positions will be eliminated on Wednesday. BAE will offer a severance package and career transition assistance to the employees.