Lockheed Martin is closing and consolidating several U.S. facilities and laying off 4,000 employees in what the company calls an effort “to increase the efficiency of its operations and improve the affordability of its products and services” in light of continued reductions in U.S. government spending. The cuts will leave the company with 112,000 employees. The company’s workforce has been reduced 23% since 2008, when it employed 146,000. Lockheed Martin plans to close its operations ...
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