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.

BING NEWS:
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    02/12/2013 - 11:00 am | View Link
  • Northrop Grumman Announces 800 Layoffs; Local Impact Unknown
    Northrop Grumman has announced it will eliminate 800 more employees by the end of January 2012. While the majority of layoffs are expected to occur at the company's Maryland locations, a media relations spokesperson was unable to tell CBS19 how many, if ...
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  • Northrop Grumman to cut 800 jobs, most in Md.
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  • Some Northrop workers get notice of layoffs, possible furloughs
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    04/5/2011 - 1:00 pm | View Link
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