Defense Cuts Take Bite: Lockheed Layoffs
As Congress debates massive defense cuts, one of the globe’s biggest defense companies has slashed 740 jobs in a D.C.-based unit as part of a program aimed at reducing the company’s overhead.
As Congress debates massive defense cuts, one of the globe’s biggest defense companies has slashed 740 jobs in a D.C.-based unit as part of a program aimed at reducing the company’s overhead.
After receiving $400 million in federal loans, the Abound Solar company announced Wednesday that it will lay off 280 workers and delay the building of a new factory.