Topics regarding layoffs at Lockheed Martin Corp.

Topics regarding layoffs at Lockheed Martin Corp.

Greenville SC facility

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.

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Post ID: @OP+1jtkezkdq

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 

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 

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Post ID: @OP+1sNe8rFW

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 

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 

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Post ID: @OP+1p9jtpJw

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.

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| 2158 views | | 4 replies (last August 17, 2023)
Post ID: @OP+1ljXMLDb

Missiles and Fire Control

Has M&FC leadership taken out the low performing middle management trash yet? (TF, BR, HM, and the like...).

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| 2511 views | | 5 replies (last November 2, 2023)
Post ID: @OP+1k2XPKrg

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 

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| 2020 views | | 1 reply (December 1, 2022)
Post ID: @OP+1jSBSWom

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 

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| 2743 views | | 4 replies (last November 3, 2022)
Post ID: @OP+1iop0Mdq

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 

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?

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 

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 

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| 1841 views | | 1 reply (January 20, 2022)
Post ID: @OP+1eSoDbqS

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?

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| 1660 views | | 3 replies (last December 7, 2021)
Post ID: @OP+1e6cztJt

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 

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| 2168 views | | 5 replies (last December 23, 2021)
Post ID: @OP+1e3gN5Ga

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