Racal Electronics Plc said it will cut 350 jobs, some 16% of the global workforce of its Racal Data Group, following a decision to quit development of its Winhub family of internet and remote access systems. According to the company, the cuts affect 300 people in the US, 50 in Britain and 15 in the Pacific Rim. Winhub is part of Racal loss making Data Communications which Racal plans to sell as part of a major restructuring package announced last month. In the restructuring, Racal will also float its telecommunications division, cutting the company back to its core defense electronics operations.
