Northrop Grumman expects to lay off 900 employees, 500 of them in Pascagoula, by the end of the year. Phil Teel, president of Northrop Grumman Ship Systems, said a dip in the number of contracts that have been awarded to the company over the past few years led to the layoffs. The company had anticipated layoffs for 2005 and 2006 before it begins increasing the work force in 2007 and 2008.
News
about 21 years ago
Northrop plans to cut 900 jobs
Northrop Grumman expects to lay off 900 employees, 500 of them in Pascagoula, by the end of the year. Phil Teel, president of Northrop Grumman Ship Systems, said a dip in the number of contracts that have been awarded to the company over the past few years led to the layoffs. The company had anticip
Reach the Offshore Energy industry in one go!
Offshore Energy is read by thousands of professionals every day.
Increase your visibility with banners, tell your story with a branded article, and showcase your expertise with a full-page company profile in our business directory.
Follow Offshore Energy on: