Thursday, January 7, 2010

Lockheed Martin to cut 1,200 jobs

From the Morning Times in Sayre, Pa:

OWEGO — When announced Nov. 17, Lockheed Martin’s merger of two Electronic Systems businesses into a new Mission Systems and Sensors (MS2) business was expected to eliminate some positions, but officials were unsure of how many.

On Wednesday, with the establishment of MS2’s structure, Lockheed Martin officials announced that this merger would eliminate 1,200 positions nationwide, but that the specific effect to the Owego plant would not be known until April, when employees are notified.

Hopefully, not many of the Owego jobs will be cut. Our area can't take any more significant job cuts.

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