Wednesday, November 06, 2013

Lockheed Martin to trim 65 workers in Owego: Layoffs part of 587 cuts nationwide


OWEGO — Lockheed Martin on Wednesday notified 65 employees at its Owego facility that their jobs are being eliminated.

Most will work their last shift at Lockheed Martin on Nov. 20. The Owego facility, which handles electronic systems, mission systems and sensors, and ship and aviation systems, will have 2,600 employees once the layoffs are completed.

On Wednesday, Lockheed Martin served layoff notices to 587 U.S. employees across its Mission Systems and Training business. Keith Little, senior manager of public relations at Lockheed’s Mission Systems and Training, declined to disclose which facility was the hardest hit.

Lockheed’s Salina plant, near Syracuse, notified 80 employees on Wednesday, dropping the facility’s total employment to approximately 1,600. Last week, it was reported that Lockheed Martin abandoned a plan to close the Salina plant and transfer the employees to other facilities, including sending 280 to Owego.

Across Mission Systems and Training, Little said, the layoffs were not targeted toward one specific discipline.

“This action ... is necessary to address continuing challenges in our business environment, including continued uncertain program funding, delays in contract awards and an extremely competitive market,” Little said in a statement.

On Oct. 16, Lockheed Martin announced it would be cutting approximately 600 U.S. positions across its Mission Systems and Training business. Those employees were notified Wednesday.

In mid-July, Lockheed announced a similar layoff that would eliminate approximately 300 U.S. positions across Mission Systems and Training. But in August, the world’s largest defense company served layoff notices to 367 U.S. employees, including 25 in Owego.

The reasoning for the current round of layoffs and the one carried out over the summer is almost identical, as Lockheed officials in both instances said the cuts were necessary to address unclear program funding, delays in contract awards and a competitive market.

Mission Systems and Training has about 16,000 employees at more than 100 sites, including the Owego facility and the Salina plant.


Source:  http://www.pressconnects.com

Lockheed Martin issues layoff notices to 80 employees in Salina  

WASHINGTON -- Lockheed Martin Corp. said today that it will lay off 80 employees at its plant at Electronics Park in Salina, part of a larger nationwide cutback of 587 people in its Mission Systems and Training division.

Employees were notified of the layoffs this morning, Lockheed officials said. Most of the layoffs will be effective in two weeks. The affected employees will be offered undisclosed severance benefits and outplacement services. 

Lockheed Martin is Onondaga County's largest for-profit employer, with about 1,700 employees in Salina before today's announcement.

The company signed a 30-year incentive deal with New York state in 1996 that requires it to employ at least 1,500 people at the Electronics Park plant. In return, Lockheed was given a series of economic incentives, including a 30-year lease on their state-owned property for $1.

Lockheed announced plans for the layoffs Oct. 16. The company said the cutbacks are "necessary to address continuing challenges in our business environment, including continued uncertain program funding, delays in contract awards and an extremely competitive market."

Story and Comments/Reaction:  http://www.syracuse.com

 
Lockheed Martin Corp. will cut about 600 U.S. positions across its Mission Systems and Training business, which includes its facility in Owego, pictured above.

No comments:

Post a Comment