Skip to main content
Lockheed CEO: Budget Cuts Could Cause 10,000 Layoffs
July 19, 2012
Robert Stevens, chairman and CEO of Lockheed Martin, estimates that the largest U.S. defense company could lay off 10,000 workers if $1 trillion in across-the-board federal budget cuts begin taking place as anticipated on Jan. 2, 2013. The company employs 123,000. Stevens qualified the layoff...
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.