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Report: Gaithersburg Lockheed Martin Employees Offered Voluntary Layoff

Lockheed spokeswoman Nettie Johnson said the company expects to reduce its workforce by about 300 to 350 employees, The Washington Post reported.

Looking to shrink its workforce by "about 300 to 350 employees," Lockheed Martin's Gaithersburg-based information systems unit is offering a voluntary layoff program to a select group of mid-level managers, The Washington Post reported.

Certain employees within sectors including the transportation solutions and defense businesses are eligible for the program, a memo issued by Lockheed said, according to the report.

The Washington Post reports Lockheed said in a statement that the “reduction in force is designed to best position the business to remain competitive and operationally efficient, providing the most affordable solutions to our customers.”

Read the full story on The Washington Post.

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