More than 600 Lockheed Martin execs accept early retirement offer

09/9/2010 | Washington Post, The

More than 600 executives at Lockheed Martin, representing about 25% of the company's executives, have accepted the company's offer of an early exit program offering financial incentives in exchange for resigning. Lockheed Martin has been working to cut its workforce by about 10,000 since the beginning of last year, and the buyouts are seen as part of a larger trend of defense contractors bracing themselves for Pentagon budget cuts.

View Full Article in:

Washington Post, The

Published in Brief:

SmartBrief Job Listings for Government & Nonprofit

Job Title Company Location
Senior Reliability Program Specialist
FedEx Express
Memphis, TN
Supplier Diversity Fellow
National Gay & Lesbian Chamber of Commerce
Washington, DC
Leadership Programs Manager
National LGBTQ Task Force
Washington, DC
Executive Director
New York City Anti-Violence Project
New York, NY
Affiliate Relations, External Affairs, & Policy Fellow
National Gay & Lesbian Chamber of Commerce
Washington, DC