Lockheed Martin Corp. (NYSE: LMT) is launching a voluntary layoff program in its aeronautics business with an eye on eliminating about 1,000 jobs. That’s a little less than 1 percent of the Bethesda-based defense giant’s total workforce. The reductions are needed “to position Lockheed Martin Aeronautics to be competitive in the future marketplace, secure future business opportunities, and keep an infrastructure appropriately aligned with customer demands,” Lockheed said in a statement. The…
from http://www.bizjournals.com/baltimore/news/2016/03/09/lockheed-martin-moves-to-cut-1-000-jobs.html
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