Lockheed Martin [LMT] said this week that its Aeronautics segment will lay off 540 employees by the end of this year, with the greatest impacts to be felt at its facilities in Fort Worth, Texas, Marietta, Ga., and Palmdale, Calif. The employment reduction is part of the company’s plan announced in June to cut about 1,500 positions by year-end. Speaking about the layoffs at Aeronautics, Ralph Heath, the head of the division, said in a statement that “These reductions are…
Lockheed Martin Aeronautics Plans Lay Offs
SHARE:
