Northrop Grumman To Eliminate 800 Jobs
LINTHICUM, Md. (AP) -- Northrop Grumman Corp. plans to eliminate 800 jobs from its Linthicum-based Electronics Systems sector.
The company announced Thursday that the majority of the job losses would occur in Maryland through buyouts and layoffs. It's the second round of cuts this year for the division with 17,000 employees nationwide. Of those, 7,625 are at facilities at Linthicum, Sykesville, Elkridge and Annapolis.
The division produces airborne radar, sensors for jet fighters, missile defense systems and automated postal sorting equipment. The company says the cuts reflect the economic outlook for the division, including anticipated defense spending cuts.
Northrop plans to offer voluntary buyouts in the next few days. The number of employees who accept buyouts will determine how many will face layoffs by the end of January.
(Copyright 2011 by The Associated Press. All Rights Reserved.)
