Jul 20, 2011 12:43 PM by Posted by Bill Folsom

Lockheed Martin layoffs voluntary for now

DENVER (AP) - Lockheed Martin says 750 people in Colorado are eligible for a national voluntary layoff program for about 6,500 employees.

The company says in a statement that those who choose to leave under the program will receive a severance package. The company warns it will make a determination on the need for
future involuntary reductions.

(Copyright 2011 by The Associated Press. All Rights Reserved.)


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