Northrop Grumman Latest Aerospace Firm To Announce Job Cuts | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-04.22.24

Airborne-Unlimited-04.16.24

Airborne-FlightTraining-04.17.24 Airborne-AffordableFlyers-04.18.24

Airborne-Unlimited-04.19.24

Join Us At 0900ET, Friday, 4/10, for the LIVE Morning Brief.
Watch It LIVE at
www.airborne-live.net

Thu, Mar 05, 2009

Northrop Grumman Latest Aerospace Firm To Announce Job Cuts

Will Slash 750 Positions By Mid-June

The firm created by the merger of the El Segundo and Redondo Beach operations of aerospace manufacturer Northrop Grumman plans to cut up to 750 jobs in Southern California over the next three months, the latest casualties of increasing consolidation in the military and defense sectors.

The Daily Breeze reports Northrop Grumman Aerospace Systems has offered buyouts to all its workers, in an effort to reduce the number of involuntary layoffs. Company spokesman Jim Hart says employees have until March 13 to apply for the voluntary buyouts, which will include the same severance package to be given to laid-off workers.

"Once we get the results of that, we will proceed with the layoffs that will be necessary," Hart said, adding the cuts will reduce overlapping administrative and support positions that resulted from joining the two offices.

Layoff notices will be delivered by April 16, with layoffs becoming effective two months later in order to comply with the federal Worker Adjustment and Retraining Notification (WARN) Act.

Northrop currently employs roughly 12,000 workers between its plants in El Segundo, Redondo Beach, and Manhattan Beach. The administrative layoffs come as Northrop Aerospace aims to hire over 850 workers to handle engineering and technical support work on contracts to provide items like aircraft fuselage assemblies to other clients.

FMI: www.northopgrumman.com

Advertisement

More News

SpaceX to Launch Inversion RAY Reentry Vehicle in Fall

Inversion to Launch Reentry Vehicle Demonstrator Aboard SpaceX Falcon 9 This fall, the aerospace startup Inversion is set to launch its Ray reentry demonstrator capsule aboard Spac>[...]

Aero-News: Quote of the Day (04.23.24)

"We are excited to accelerate the adoption of electric aviation technology and further our journey towards a sustainable future. The agreement with magniX underscores our commitmen>[...]

Aero-News: Quote of the Day (04.20.24)

"The journey to this achievement started nearly a decade ago when a freshly commissioned Gentry, driven by a fascination with new technologies and a desire to contribute significan>[...]

ANN's Daily Aero-Linx (04.20.24)

Aero Linx: OX5 Aviation Pioneers Each year a national reunion of OX5 Aviation Pioneers is hosted by one of the Wings in the organization. The reunions attract much attention as man>[...]

Aero-News: Quote of the Day (04.21.24)

"Our driven and innovative team of military and civilian Airmen delivers combat power daily, ensuring our nation is ready today and tomorrow." Source: General Duke Richardson, AFMC>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC