Australian Government-owned shipbuilding company ASC is reportedly planning to reduce its workforce due to reduced amount of work on the Hobart Class air warfare destroyer (AWD) project.

The company is expected to slash 130 jobs by the end of February this year, The Australian Business Review reported.

Related Company Profiles

View all

The proposed job cuts will have an impact on 45 trade positions and 85 contract and other positions across the welding, painting, pipework, electricians and operator trade groups, according to ABC News.

"These shipbuilding jobs should not have been lost if the Federal Government had a plan to deal with shipbuilding."

Employees affected by a reduction in force will receive voluntary and non-voluntary redundancy packages from the company over the next six weeks.

South Australian Senator Nick Xenophon was quoted by ABC News as saying: "These shipbuilding jobs should not have been lost if the Federal Government had a plan to deal with shipbuilding to have continuous shipbuilding as recommended by both Defence and the RAND Corporation.”

The company plans to re-employ few of them as it would begin work on offshore patrol vessel and future frigate projects in 2018 and 2020 respectively.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Under the AWD project, first vessel Hobart was launched in May last year, the second destroyer Brisbane was launched in December, with plans to launch the third and final destroyer Sydney in 2018.

The new air warfare destroyers will provide air defence for accompanying ships as well as land forces and infrastructure on nearby coastal areas.

These ships will also provide self-protection against attacking missiles and aircraft.

Image: HMAS Hobart and Brisbane. Photo: courtesy of LordHello1.