GE Aviation Wales confirms plans to reduce its workforce by 100Posted: January 19, 2015
By Sion Barry,
Jet engine testing and overhaul business GE Aviation Wales has announced plans to reduce its workforce by 100 at its giant plant in Nantgarw.
The US-owned venture, which employs 1,350 highly skilled staff at the plant, said the move is a result of a fall in the number of ‘engine shop visits’ to the plant.
The operation’s customers includes many of the world’s leading airlines.
In a statement HR leader for GE Aviation Wales, Chris Doherty said: “GE Aviation Wales develops an annual business plan for the site based upon the forecasted volume of engine shop visits.
“For 2015, current data shows a significant drop in engine volume requirements compared to 2014 and 2013.
“Taking this into account, we are currently evaluating ways in which we can right size the business to accommodate this reduction.
“We are therefore considering a range of options, including tighter controls around overtime, review of the current shift arrangements and the possibility of a voluntary redundancy programme for Aircraft Engineer grade employees.
“Over the coming weeks, the company along with Unite representatives will be reviewing the 2015 business plan against these options to determine how we may implement one or more of these programmes in order to address our current business challenges.”Based on our projections, if we were to progress with a voluntary redundancy programme, we would not anticipate reducing our overall headcount by more than 100 employees.
“Details of any redundancy programme would be the subject of consultation with Unite representatives prior to any final decision being made.
“We remain committed to continuing an open dialogue with our workforce and to providing information and advice to support our employees.”
The business not only employs nearly 1,500 directly, but provides a huge boost to wider economy through its supply chain.
It has a turnover of £1.5bn and is a Welsh Government anchor company.
GE Aviation Wales Facts
It specialising in the the overhaul, repair and maintenance of a range of aircraft engines.
It occupies over 1.2 million sq. ft. of workshop space, has two state-of-the-art engine test facilities and employs a highly skilled workforce of over 1,350 people.
]The site specialises in four engine types including the GE90, the world’s most powerful aircraft engine, the GP7200, the engine that powers the new Airbus A380, the Rolls-Royce RB211 and the complete range of CFM56 engines, the world’s most popular aircraft engine.
The company has over 90 customers worldwide.
It operate as a subsidiary of General Electric Company
The GE Aviation Headquarters is based in Cincinnati, Ohio, US.
Sourced by Wales Online