Layoffs At Northrop Grumman

Northrop Grumman Corp (NYSE: NOC) is eliminating 150 high-tech job at its Apopka laser systems facility; nearly 14 percent of the work force there, reports the Orlando Sentinel. Many of the workers involved already have taken voluntary buyouts. The remaining 90 will be terminated in March. The layoffs are attributed to Defense Department budget cuts. NOC has been trending upward for most of the last six months.

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    LOS ANGELES, Feb. 10 /PRNewswire/ -- Northrop Grumman (NYSE: NOC) announced it will begin issuing 60-day layoff notices to approximately 1,100 employees at its Military Aircraft Division in Hawthorne, Calif., following formal notification today by the U.S ...
    08/17/2016 - 1:00 pm | View Link
  • Virginia Agency Sees Layoffs as IT Contract Winds Down
    Gov. McAuliffe's administration and state legislators are studying how to proceed beyond the end of the contract with Northrop Grumman, and whether to bring some operations back in house. (TNS) — Northrop Grumman has laid off 51 state employees ...
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  • Northrop Grumman Offers Voluntary Layoffs
    Northrop Grumman Corp. officials have asked employees at the company’s Aerospace Systems sector to participate in a voluntary “reduction-in-force program” to cut costs. Employees across the sector are eligible for the voluntary layoffs, announced to ...
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  • Northrop Grumman offers voluntary layoffs at aerospace sector
    Northrop Grumman Corp. has asked employees at its Aerospace Systems sector to participate in a voluntary “reduction-in-force program” to cut costs. Employees across the sector are eligible for the voluntary layoffs, which was announced to workers last ...
    09/11/2013 - 8:19 am | View Link
  • Northrop Grumman announces layoffs in Md., Va.
    Northrop Grumman on Wednesday notified about 60 people, primarily in Maryland and Virginia, in its electronics systems segment that they will be out of jobs at the end of the month. In October, the aerospace and defense contractor announced it was cutting ...
    02/13/2013 - 10:18 am | View Link
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