Lockheed Martin Corp. announced a targeted, voluntary layoff program for midlevel employees working at the company’s Information Systems & Global Solutions unit.
In a memo sent to employees on Jan. 31 and posted on career news website Dice.com, Patricia Lewis, Lockheed Martin’s vice president for human resources at the Information Systems and Global Solutions business unit, told employees that the company was offering the program as part of an “ongoing affordability initiative.”
Lewis said IS&GS was offering qualified middle managers (Level 5 and Level 6 in the unit’s civil, defense and national organizations as well as centralized functions) the opportunity to leave the company with severance benefits. Employees have until Feb. 28 to nominate themselves for the program and will be notified on March 8 if their requests have been accepted.
A Lockheed Martin spokeswoman told the Washington Post that the company aimed to reduce its workforce by 300-350 employees. However, the company still may lay off employees if enough of them don’t volunteer for the program, according to the memo obtained by Dice.
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