interesting comment made to me a couple of weeks ago by a BAE Systems manager. I won't mention the site for obvious reasons
"Before they took us over we had lots of work, which was all brought in by the local management. After the takeover we were told that in future all work contracts would be found and negotiated at a 'higher level' and that we were not to be involved. As a result our factory is nearly empty, 70% of the staff have gone and we've had no new orders for nearly a year".