Report: Lockheed Martin Employees Offered Voluntary Layoff
Lockheed spokeswoman Nettie Johnson said the company expects to reduce its workforce by about 300 to 350 employees, The Washington Post reported.
Looking to shrink its workforce by "about 300 to 350 employees," Lockheed Martin is offering a voluntary layoff program to a select group of mid-level managers, The Washington Post reported.
The company, head-quartered in Bethesda, is giving certain employees in its Gaithersburg-based information systems unit the chance to nominate themselves for layoffs, ahead of non-voluntary selections.
Certain employees within sectors including the transportation solutions and defense businesses are eligible for the program, a memo issued by Lockheed said, according to the report.
The Washington Post reports Lockheed said in a statement that the “reduction in force is designed to best position the business to remain competitive and operationally efficient, providing the most affordable solutions to our customers.”
