Thu, Mar 05, 2009
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.
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