Layoffs are starting today June 16. Due to depot contract completion and slowing production down on the F16 line. About 200 employees site wide.
Lockheed Martin Energy
Employees told that LM Energy will be cutting 64 jobs and closing the Andover plant as of July 5th. At least they were nice enough to give the employees the 4th of July Holiday.
Losing both Navy and Air Force new fighters
Feel like the company had major missteps. That was about 30 years of work each. Doesn’t seem like the company is a preferred contractor for major defense awards anymore. I’m not aware of any other large defense projects on the horizon either. ... — read more
Six Marietta and five Ft Worth contractors were let go today. RIF to cut directs right around the corner at both sites
It's not so good over at Boeing or Northrop either. Maybe it's time to look outside the aero industry. I am doing that right now and finished updating my resume.
Since Lockheed lost NGAD to Boeing, which was a shock it looks like Marietta and Ft Worth sites are going to get hard with layoffs
After the NGAD news Lockheed managers seem like they are gearing up to announce a RIF. After the NGAD announcement, I started to look for internal jobs at other Lockheed sites. Internal Lockheed job postings seem to be few and far between. Trying... — read more
losing Air Force And Navy NGAD
Not sure how the company can lose both new fighter programs for the Air Force and Navy and recover. They have a backlog of orders on the F 35 but I don’t think it’s enough to sustain the workforce. Seems like the F 35 is not a popular airplane with... — read more
Effects of new presidency?
How will the Trump presidency, new federal policies, blanket layoffs, and general chaos affect the company?
Lockheed Martin Layoffs 2025
If the market makes a turn soon, do you think there will be Lockheed Martin layoffs? Any chatter, news or rumors?
Hearing new rumors of layoffs at Moorestown
Hearing renewed rumors of layoffs at Moorestown with next fiscal year funding not looking promising. Layoffs mainly targeting engineering, expect L1s and L4+ to be hit the hardest.
Lockheed Martin Layoff 2024
Lockheed Martin is again violating the NJ warn act by not reporting layoffs. LM-RMS in Moorestown, Camden, and Mt Laurel NJ is letting go of their admin staff.
Is the rumor true Lockheed plans to layoff in Marietta?
I work at NOC and this week I accepted a LM job offer in Marietta. If LM plans layoffs if they have not already started I assume I’d be the first to go. I’m going to call the LM talent recruiter and tell them I’m declining job offer. — read more
HR Nightmare
I have tried to get a job with LM for years! I worked for a competitor for many years and have over 600 connections. I have been rejected more than 20 times and was even told that I was too old for a particular position. I know that if I could past... — read more
Lockheed Martin to layoff hundreds of employees, 200 in Fort Worth
Lockheed Martin, a global security and aerospace company, has announced there will be several layoffs across the corporation. The layoffs will impact around 300 employees at all levels in Fort Worth, Marietta, Georgia and Palmdale, California, the... — read more
Lockheed Martin Layoffs 2024
If the economy turns around, do you anticipate any Lockheed Martin layoffs? Any chatter, news or rumors?
Disappointing Q3 margins
The earnings report wasn't all that bad, but when I see comments such as margins “were a little disappointing across most of the segments" I immediately start to worry about what the leadership will do to counter it. Sadly, I don't think layoffs are... — read more
Lockheed Martin Retirees Getting a Lump-Sum Pension Window
Is it just retirees who receive a pension lump-sum option. I know many retirees who have been given the notice but no employees yet.
LMT Layoffs and Pension Termination
Did anyone hear about the layoff news and pension being sold?
What is the pay at Lockheed Martin?
I'm looking to relocate to TX, I'm electrical/mechanical engineer with 7 years experience with a small company in MN. I'm wondering what LM average pay is for engineers.
Missiles and Fire Control
Has M&FC leadership taken out the low performing middle management trash yet? (TF, BR, HM, and the like...).
Lockheed Martin Layoffs 2023
How likely is that there will be Lockheed Martin layoffs? Any chatter, news or rumors?
Counting down the days until retirement
The only reason why I'm still here is that my retirement is so close that I can practically taste it. If I had even just a few years left, I'd be on my way out. This is not the same company I joined decades ago and I'm sad to see what it has turned... — read more
Level 4 engineer pay range?
What’s the avg pay for a level 4 engineer? I just interviewed for a level 4 position, but can’t find any decent info on the pay scale. I know every employer has its issues, but it wouldn’t be any worse than where I am now to jump over to LM. — read more
LMT STOCK
Stock has had quit a run over the last few years, but the last few months its been given a pretty good beating. Is it Wall Street, or the current state of the company.....thoughts?
Leaving Because I don't make enough to live
Engineer here with 6 years of experience, BS from a top 100 school. I've decided to leave, because the peanuts compensation that I am getting is not enough to pay my bills and student loans. Raises have been subpar and not up with inflation, and HR... — read more
Having issues with tech. support. Is there a online URL for a help ticket ?
https://www.thedrive.com/the-war-zone/ukraine-has-no-number-to-call-to-troubleshoot-its-200k-javelin-missiles I recall a similar issue where support only responded to an online request. They would respond with a call-back within one hour but they... — read more
LM
Lockheed Martin will be the next defense contractor that the Biden Administration will grind into the ground!
Lack of professionalism
I am sometimes shocked at how much this company lacks professionalism today. Unprofessional behavior seems to have become very common here?
This company absolutely sucks to work for
There is no end in how bad issues can get. Never met a Lockheed manager willing to admit they were wrong.
Stock Price
LMT lost over 7% ($31.00 per share in the last 5 trading sessions). Wall street giving it another beating!
Is lockheed having issues hiring?
I always thought of defense as an escape route out of oil lol but it seems you guys have it as bad as we do. I've checked all the listing and it seems most of them have the disclaimer that all new hires must be vaccinated. That cause me to stop even... — read more
Pentagon Cuts Its Request for Lockheed’s F-35s by 35%
Pentagon Cuts Its Request for Lockheed’s F-35s by 35%. This is about the 3rd or 4th program they have done this too. Are the funds reallocated to other programs.....NO! Guess they need more funding for the entitlement programs on the table for those... — read more
Palo Alto continues to layoff / push out older workers
The Palo Alto facility continues to push out older workers; in particular women over 55. For the last 4 plus years, there has been a concerted effort to push out women over 55. They do this through layoffs, demotions, reorganizations, and... — read more
1/17/22 workforce reduction announced
On 1/17/22 several employees of the LMGA office in crystal city, VA were notified they would be let go in the beginning of February due to workforce reduction. I can only imagine this is not the only Office seeing layoffs and the announcement is... — read more
This is directed to all the Lockheed Managers and especially HR at the Ft Worth Texas site
You Lockheed Managers and HR at this site are a class act NOT! Collectively you both treated me like a second class citizen when I applied to jobs at the Ft Worth site. You talk it up how Lockheed doesn't Discriminate but once I disclosed to the... — read more
Replacements
I'm starting to think that LM will not replace my ex colleague at all. A lot of time has passed and no one is hired in his place. I wonder how long the average replacement takes for your colleagues who leave?
Pay and benefits
I don’t know if competitors offer significantly higher pay and better benefits, but if they weren’t, many wouldn’t have gone to competitors lately. If the company does not improve working conditions, I think the attrition will be even higher... — read more