Lockheed Martin Corp. Layoffs

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Topics regarding layoffs at Lockheed Martin Corp.

it's all about the dividend...

once this company cared about hiring best employees it would invest in for the future... those days are long gone... today, lockheed favors hiring personnel significantly below its previous standards and giving them responsibilities above their... read more
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Constant layoffs

Has Lockheed Martin had constant layoffs on smaller scale for years now? Not those that make the news, but just a few people here and there? This crossed my mind the other day as we lost two people from our department. No announcement, nothing. Not... read more
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Give new ideas a chance!

Lockheed is going downhill because it's full of long-timers who are resistant any kind of change. Management is arrogant and stuck in their own old ways of doing things. They can't even consider the possibility that some of the new folks could have... read more
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There are a lot of things wrong at Lockheed right now

I know everybody is focused on layoffs, but that's far from the only thing wrong at Lockheed Martin right now. The pay has slipped below industry average and benefits are taking major a hit as well. We are hemorrhaging good young engineers due to... read more
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Lockheed Martin Layoffs 2018

Is this a joke? How come now we are talking about layoffs in Bethesda.
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Lockheed Martin Layoffs 2017

Whenever you think there will be no layoffs they change the approach. Now all people are talking about job cuts in Bethesda.
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Lockheed Martin Voluntary layoff 2016 and 2017

What's going on as it relates to Voluntary layoffs - are we going to have more of these - is Lockheed going to offer this option next year as well? 2017 will be a watershed year for us.
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1886 views | 2 replies (last )

Lay offs

It's election year folks! You should all be praying because either hilary or trump dod will have budget cuts doh. It repeats every year with a massive cut every 4. Grow up and job hop if you want to have a job
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Do you think we are safe here in Archbald?
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LM Layoffs NM

Anyone have any news on any of the LM contracts in NM? Who stays and who is out?
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Family Day

Is anyone participating?
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916 views | 1 reply ()

Leidos / HCL Connection

Heard that Leidos has outsourced their IT to the company HCL (India owned company), if you are IT in ISGS get out now! Seriously, I've see this fine company sink deeper and deeper and all due to corporate greed. Look at all job cutting that's taking... read more
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It's being reported that BAE Systems is selling off its Intelligence and Security services businesses so BAE buying SpinCo is highly unlikely. Much more likely that someone else (like Loral) is looking to buy both SpinCo as well as BAE services to... read more
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1046 views | 1 reply ()

My money is on a spinoff instead of a sale.

A look at the environment for companies today suggests a Spinoff instead of a sell. Really what company can cough up a cool 6 billion for the acquisition of the ISGS business unit. Lockheed would also be stupid to sell off ISGS vice a spin, because... read more
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1155 views | 1 reply ()

Lockheed Martin IS&GS Spinoff in 2016?

How likely is that IS&GS will be spun off in 2016? By now I've heard this from at least three unrelated folks, so this spin off rumor is still alive and well. I remember a lot of people talking about it a few years back but now it seems that things... read more
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What's The Word?

Anyone out there have any insight into how ISGS will end up? Sale or spinoff? Rumors or insight into potential buyers? End of year is approaching quickly and still no word from anyone.
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Lockheed Martin Layoffs 2016

What is the likelihood of Lockheed Martin layoffs in Bethesda in 2016? Please let me know if you have any information.
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2642 views | 10 replies (last )

Cuts - 500

Information Systems & Global Solutions (IS&GS) segment. fiolettsk.rus will include government IT and business technology services workers
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New Mexico Cuts - Missiles and Fire Control (MFC)

250 will be let go, this is such a pity and a few smart and prudent executive moves could have prevented it. There is a ton of other work that Lockheed could have shifted to save the jobs - this is an enormous blow and layoffs will impact the... read more
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LM is in a graveyard spiral that we can't get out of

Our Government customers used to award on a "best value" paradigm in which they were often willing to pay a little more for superior products and services. IS&GS prospered in that environment and was able to provide its employees with better than... read more
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935 views | 1 reply ()

ISGS getting the shaft under the guise of "staying competitive..."

Hello again, well this weeks saga of Lockheed Martin has ISGS employees getting screwed. Why? Oh wait the same thing I said before, "because the rent is just too damn high" and we've got to keep those profit margins. Sondra Barbour EVP of ISGS... read more
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1405 views | 12 replies (last )

ISGS/MFC Services - Sale or a spin-off... probably a sale

The LM CEO Marillyn Hewson leveled the boom, she’s going to breakout IS&GS (non-Govt IT), and Missile and Fire control services. Why because the rent is just too darn high. Now I say that tongue and cheek, but it is true. In her last webcast... read more
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1417 views | 3 replies (last )

IS&GS Sale Announcement

Has anybody heard the rumor that Lockheed is selling the IS&GS Division with the sale announcement coming the week of July 20, 2015 ?
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905 views | 1 reply ()

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