Still waiting for the info that ties the career framework to salary ranges. I dont really care what my job title is, but I do care how much I am going to get paid now and in the future. Has anyone heard anything about salary ranges yet?
Topics regarding layoffs at L3Harris Technologies
The CSW career page only shows 1 job posting. Does that mean they are getting ready to close or sell the location? Asking for a friend.
heard a rumor last week that CSW was going to be divested (AKA closed, sold off, or moved/ consollidated) by being sold. each time we get a new CFO we get layoffs pension cuts/ removal and silly placation. Our Fearless leader was in big trouble... — read more
Has anyone noticed many if not all engineers from what was previously L3 have either been retiring or finding new positions within industry? It seems everyone is fleeing L3Harris similar to the end of SpaceBalls, a popular 1987 film.....
I wanted to let all of you know that Vertex Aerospace in Madison, MS walked 57 employees out the door Friday, January 10, 2020. Vertex Aerospace was divested by L3 in June 2018 and bought by American Industrial Partners for around $540 million... — read more
I guess we were to busy surfing at the beach to learn the corporation was holding a running thing https://www.melbourneflorida.org/Home/Components/Calendar/Event/23609/1452?fbclid=IwAR1kkgrp7B1kGGX_B2T7sG_iN9w1Y0wDXzaikKj-u_2r25HyuwEkhc3fKV8
Anyone else being told the exempt sick time limit is 40 hours? We are being told we only get 40 hours per year which is not how the policy reads.
Incompetence or Unethical. That's the question regarding the 204h Notice recently distributed. Incomplete information about changes and how they will impact the individual. This 204h Notice doesn't appear to comply with ALL legal requirements... — read more
Will the long-awaited sales/divestitures take place shortly after January 1st? The L3Harris fiscal year is July to June so maybe the moves will happen in the first half of the year. The other question is what else can they do to squeeze a few more... — read more
I want out of this mess. The only reason I'm still here is because I'm waiting for severance.
Went by to grab my ipod, the signs were covered, and the main gate was locked. Maybe just a holiday thing for the gate but why cover the signs up?
Health care rates up 36 to 58%. Deductibles up, coverage is lower. 0% raises this year. Pensions on the chopping block, forced vacation taking. The executives doing anything to transfer cash to the profit line so they can dump their stock... — read more
What's the word on layoffs?
All the good posts seem to disappear. The post about the bonus was just getting interesting.
Rumor is l3 is buying tactical air support
According to Aviation week teamed with John Mega, former CSW President, and others to LGL Systems Acqusition. $1B to $350m business acquisitions being targeted. Seems to me similar to how L3 got its start
Why is it that so far only L3 facilities are being closed ? Anyone ?
All positions to be eliminated and line moved to Mason. Not sure where it will be shoehorned in as we are already out of floor space.
Thoughts? Any L3 Layoffs 2020? Any news or rumors?
CSW has seen a significant drop in work. With the retirements it's going to be interesting to see what will happen in the next couple months. Why now though? Why continue to build this new building if they are going to layoff so many people and slow... — read more
I heard a few weeks ago that there were going to be significant layoffs between the holidays. It looks like some of it is already starting. I also heard that some Senior execs (former L3) are pretty p-ss-d about whatever is about to happen. ... — read more
It has started in Slc, forced retirement and lay offs mostly managers and such for now.
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