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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BING NEWS:
  • Virginia Agency Sees Layoffs as IT Contract Winds Down
    The changes won't cost or save the state money, and because Northrop Grumman's contract is based on service level targets, service shouldn't be affected, Williamson said. The layoffs were "a Northrop Grumman business decision," Williamson said, not a state ...
    06/17/2015 - 8:58 am | View Link
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    06/16/2015 - 11:57 am | View Link
  • Information systems contractor lays off 51 Va. employees
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    06/16/2015 - 8:53 am | View Link
  • Northrop Grumman lays off 51 Virginia IT workers
    Topics Job Layoffs Unemployment and Layoffs Maps 1000 Bank St, Richmond, VA, 23219, US The agency works with Northrop Grumman, which won a $2.4 billion, 10-year state IT contract in 2006. The idea was to standardize IT services throughout state agencies ...
    06/15/2015 - 5:00 pm | View Link
  • Northrop Grumman : lays off 51 Virginia IT workers
    The changes won't cost or save the state money, and because Northrop Grumman's contract is based on service level targets, service shouldn't be affected, Williamson said. The layoffs were "a Northrop Grumman business decision," Williamson said, not a state ...
    06/15/2015 - 12:00 pm | View Link
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