Lockheed Martin Laying Off 145 in Upstate New York
UNDATED (AP) — Lockheed Martin Corp. is laying off 145 workers in two upstate New York plants.
The company notified 80 employees on Wednesday at its Electronics Park plant in suburban Syracuse and another 65 at its facility in Owego. The layoffs are part of a nationwide cutback of 587 people.
Most of the layoffs will be effective in two weeks. Affected employees will be offered undisclosed severance benefits and outplacement services.
Most employees in Owego will work their last shift on Nov. 20. The facility, which handles electronic systems, mission systems and sensors, and ship and aviation systems, will have 2,600 employees once the layoffs are complete.
The company said in both instances the cuts were necessary to address unclear program funding, delays in contract awards and a competitive marketplace.