BAE May Cut 3,000 Jobs As Typhoon Orders Slow

BAE Systems cutting 3,000 jobs
BAE Systems cutting 3,000 jobs

(Reuters) - British defense giant BAE Systems (BAES.L) is set to announce up to 3,000 job losses as it struggles to secure orders for the Eurofighter Typhoon in the wake of cuts to defense budgets by partner nations, British media reported on Sunday.