Lockheed Martin makes thousands of voluntary-layoff offers

07/20/2011 | Bloomberg · Wall Street Journal, The

Lockheed Martin has offered about 6,500 employees voluntary layoffs as the defense contractor seeks to further reduce its workforce. "Based on our experience about 2% of eligible employees, or about 130 people, may take this offer," said Jennifer Whitlow, a spokeswoman for Lockheed. The company cut about 3,300 positions this year.

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Bloomberg · Wall Street Journal, The

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