It has started in Slc, forced retirement and lay offs mostly managers and such for now.
Topics regarding layoffs at L3Harris Technologies
Four months out from the megamerger to create it, L3Harris Technologies sounds like it has made some decisions on which businesses to keep and those it will not. During L3Harris’ third quarter earnings call Wednesday, CEO Bill Brown told investors... — read more
"And finally, reshaping our portfolio to focus on high-margin, high-growth, technology-differentiated businesses where we can win and generate attractive returns. While this is an ongoing process, we've begun marketing several businesses that we've... — read more
So - apparently an email from an unhappy client was sent to and circulated among many other clients regarding the unhappy state of affairs regarding production in Mason. That state would best be described as "frozen". In addition to the... — read more
L3H releases their first numbers and I guess they looked pretty good. Can they keep it up?
There are general rules for layoffs, and the decisions are usually made several layers away to remove class action liability from the company. One way is Last In / First Out. Another is to eliminate positions or departments, and reorganize (this is... — read more
Mason OH Space and Sensors division is facing seven-figure shortfalls as self inflicted wounds continue to fester. The cryo-cooler line (moved from Pasadena) is struggling to produce any working units, the premature decision to eliminate in-house... — read more
I interviewed with L3 Harris in Torrance, CA about 2 months ago... The 2 people I met with with and the head of HR were all laid off about 2 weeks later - these were senior level people that had been with the company for years.... I guess there... — read more
Divestitures are coming but you have to realize the company is a lot larger than the local operations you may be involved in. Several business segments are slated for devastation but it's not the entire corporation, it's going to be select units... — read more
That's it... The rumor on the street is that L3Harris will be acquired by Cessna. They have money, we need money - so, it'll happen IMHO. Now, let's wait and see what Cessna does.
Cessna is booming and needs manufacturing space. The hangars at Greenville are exactly the size for small business jets. There would be reduction of personnel as Cessna does not have unions for this particular line. Plus their benefits will have old... — read more
Chairman and CEO of L3harris Technologies Inc William M Brown sold 130,000 shares of LHX on 09/06/2019 at an average price of $214.52 a share. The total sale was $27.9... — read more
With all the work coming to an end, and with the boat anchor am4 finally leaving soon what are we to do? Certainly they can’t keep everyone employed under the hopes of getting some contracts signed! So is the RIF coming soon?
Let's face it, in the business there is very little "variable" cost to shed when it came to the merger. Some combination of businesses, spin off of businesses, and people. People are the most variable commodity and easy to implement a downsizing. ... — read more
Harris directed org changes coming next week in many departments, mostly just realignments. There will likely be some VP and director retirements, likely no impacts to individual contributors except for who your upstream is.
President and VP HR were walked out at L3 T&RF today by corporate HR and security. The president was replaced with 2 GM's (2 sites) reporting to Sector. Any other executive layoffs?
Seems l3 salt lake has survived the merger. Now we can all take a breath and be confident we have are jobs at least for a year or maybe more.
https://www.pionline.com/article/20180129/ONLINE/180129868/l3-technologies-to-freeze-pension-plans L3 Technologies Inc., New York, intends to freeze all of its salaried employee defined benefit plans, said the firm's fourth-quarter earnings... — read more
L3 had always been a profit driven corporation as a holder of smaller businesses competing in the defense industry which made money to keep the bottom line up, the price of the stock and returns for investors. Harris under the direction of Joseph... — read more
I wonder how much they get paid to remove a post. It’s unreal how many posts and replies disappear.
It was previously announced the NYC office would be closing soon after July 1st, the WARN notice was finally published: https://labor.ny.gov/app/warn/details.asp?id=6864
Just heard that current L3 management will be replaced by Harris management. It sure would be a welcome change considering the pay vs value of l3 managers. Could this be part of the layoffs coming in August l?
They're requesting a jury trial: https://www.rrmediagroup.com/News/NewsDetails/NewsID/18482
Are there any L3Harris facilities with PERMANENT signage? Seems odd they can print badges months in advance, but the signs are all temporary banners draped over the legacy signs. Wondering if this is just specific to my location or if this is across... — read more
Seems like L3 and Harris had a lot of overlap in this area. Anyone know of any coming layoffs or locations being moved? Any affecting California?
If who ever had their kids design the new logo knew anything about science as opposed to how to ruin a company they would have realized the actual "bucky ball" consists of "cage-like fused-ring structure (truncated icosahedron) that resembles... — read more
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What is everyone's take on the WSJ article about L3-Harris being acquired by Boeing? "For instance, Honeywell International (HON), Boeing (BA), and General Dynamics (GD) could be in a position to pursue deals with three smaller defense businesses:... — read more
Just heard that CSW is getting ready for lay-offs. Scheduled to be complete by end of August.
There are several positions that are in Londonderry NH that were originally under L3 Technologies 4 months ago but are now under Harris Corporation. Are these positions still valid? They are showing up on indeed.
The goombas that used to run L3 had the right idea. Buy up small DOD businesses and let them continue to operate like small businesses with little corporate oversight. In swoops a guy that is so smart that he screwed up being the CEO of the largest... — read more
Why? Why would Boeing take on our mess when it has enough problems of its own right now? What exactly do we have to contribute - especially in a sorry state the company is in right now? What would be the logic behind it? I would be really grateful if... — read more
What's the idea behind the new logo? a: lasers? b: low earth orbit satellite constellation? c: Nintendo Virtual Boy? d: someone got a Marine to spit out a red crayon and handed him a ruler? — read more
This looks pretty nifty - www.l3harris.com - the website is cool, I just hope they can execute operationally as good as they can design websites.
Gregarious universality yearns for a working kindness eagerly sought. Generosity usually yells far above works knowing economic sacrifice. "This very superficial grammatist, supposing empty criticism about the adoption of proper phraseology to be a... — read more
Heard Doc McGhee was given a six month transitional exit. What, no Golden Parachute ?
Confirmed people who have left: 1)Sloppy ‘Susan‘ 2)Weird ‘Al’ 4)admin for Segment Other news: Stackley moving from N&CS to ISR. with new Harris exec. Facilities to put up new signage early, early Monday morning. Obviously I’m using pseudonyms to... — read more
L3 Corp Quality is gone effective Friday 6/28/19
L3 Phila Pa will probably be split-up. Some of the work will go to Anaheim on the West Coast, some will go to Westwood, not much left in Philly, which is Union plant which does not sit right with L3 Execs.