Lockheed Laying Off 1,200 Space Workers

By Staff .

Lockheed Martin plans to lay off 1,200 workers in its Space Systems division by the end of the year, with sites in Denver, Sunnyvale, Calif., and Pennsylvania’s Delaware Valley region to be hardest hit.

The layoffs amount to 7.5% of the 16,000-strong Space Systems workforce, which is spread out over 12 states. “It is anticipated that middle management will be reduced by ...

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