L3Harris Announces 5% Workforce Reduction for Cost Efficiency

In a strategic move to enhance cost efficiency, L3Harris Technologies is set to reduce its workforce by 5%, impacting around 2,500 positions across the company.

Discovered 2024-04-23T12:10:57.980571-07:00 | 2024-04-23T12:10:57.980571-07:00

Sources

Related Coverage

2024-05-08T08:37:27.587761-07:002024-05-08T08:37:27.587761-07:00

Lockheed Secures $765M Air6500 Project with Australian Defence Force

2024-05-01T14:17:00.194465-07:002024-05-01T14:17:00.194465-07:00

L3Harris Advocates for DoD 'Resilience' Communication Standard

2024-04-23T12:12:07.962808-07:002024-04-23T12:12:07.962808-07:00

Lockheed Martin Faces Up to $1 Billion Loss on Classified Program

2024-04-15T00:46:49.972562-07:002024-04-15T00:46:49.972562-07:00

Hanwha Aerospace Prioritizes Defence Sector by Spinning Off Non-Core Units

2024-04-08T10:50:14.098738-07:002024-04-08T10:50:14.098738-07:00

L3Harris Divests Antenna Operations to Kanders & Company in $200M Deal

2024-03-20T16:39:44.081931-07:002024-03-20T16:39:44.081931-07:00

Pentagon Adjusts Aircraft Procurement Amid Budget Constraints

2024-03-04T07:01:57.944819-08:002024-03-04T07:01:57.944819-08:00

L3Harris Settles Retirement Plan Fee Lawsuit for $650K

2024-02-29T12:55:15.679835-08:002024-02-29T12:55:15.679835-08:00

Poland Inks Strategic $2.5B Air-Defense Partnership with Northrop Grumman

Related Coverage