Thread regarding L3 Technologies layoffs

CSW employee cuts.

It’s finally going to happen on 26 April.

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Post ID: @OP+SScv0F4

15 replies (most recent on top)

After showing double digit profits last year you would have thought

that cuts would not have been needed.

Yeah don't trust those numbers. I'm convinced they have two sets of books.

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Post ID: @2eyh+SScv0F4

After showing double digit profits last year you would have thought that cuts would not have been needed.

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Post ID: @2lnp+SScv0F4

And in the middle of a pay period. they must have really wanted people gone

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Post ID: @1sir+SScv0F4

Sorry to hear this - given general uptick in business it is surprising. Decision to merge Linkabit's overhead into CSW which drove up rates was probably one reason. Also those SAP costs and allocation across years are still haunting the organization. Also, ageism seems real at CSW - desire for younger employees (who work for lower salaries).

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Post ID: @oni+SScv0F4

90 people were terminated with 2 to up to 26 weeks of severance and some out placement assistance. Most people were from operations, assemblers, process engineers, support people.

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Post ID: @jks+SScv0F4

There was an official letter from Dan G about 15mins ago formalizing the RIF. About 90+ all over.

All departments, and not due to hemorrhaging money.

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Post ID: @cea+SScv0F4

Probably waiting for swingshift now

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Post ID: @ahy+SScv0F4

Yes it is true

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Post ID: @ozo+SScv0F4

I heard it was still in progress. And will continue into tomorrow. Anyone have more info? What departments are affected?

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Post ID: @zki+SScv0F4

it did happen... I heard the number is around 90 total.. hopefully the severance package is good.. someone let us know.. good luck to the ones who got laid off..

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Post ID: @emb+SScv0F4

It’s happening

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Post ID: @ndf+SScv0F4

let us know all the Gory details as for us in Waco we're looking busy

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Post ID: @buj+SScv0F4

Let's see what happens....

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Post ID: @ssc+SScv0F4

General Atomics is and will be hiring.

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Post ID: @vpt+SScv0F4

Good luck everyone

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Post ID: @lzi+SScv0F4

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