Lockheed Martin Missiles&Space sees 1,000 layoffs by year end
Lockheed Martin Missiles&Space, Sunnyvale, Calif., projects job reductions of 1,000-1,500 employees in its Bay Area operations by the end of the year. Employment totals about 9,500. The company said it has offered a "Voluntary Layoff Plan" to employees eligible for retirement, and also anticipates...
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