Lockheed Martin Space Systems Co., a major business area of the Lockheed Martin Corp., said that it will reduce about 800 employees or 4.5% of its overall workforce by the year-end in order to improve its competitive posture.
The company noted that the workforce reductions will impact all levels and disciplines, including technical, managerial, and administrative positions primarily at the Denver, Colo., and Sunnyvale, Calif. facilities.
The company said it will also offer a voluntary layoff plan designed to minimize the number of layoffs necessary.
Source: RTT News
0 comments:
Post a Comment