Layoff Details
- Reason
- L3Harris Technologies announced layoffs affecting 179 employees at its Rockwall facility in Texas, primarily due to the conclusion of the JAVA MAN program. This is part of the company's broader LHX NeXt restructuring effort aimed at achieving $1 billion in cost savings over the next three years.
- Affected Locations
- Rockwall, Texas
Recent L3harris Technologies, Inc. News
AIA Group Ltd Buys 29,658 Shares of L3Harris Technologies Inc $LHX - MarketBeat
MarketBeat • Mar 19
L3Harris Technologies (LHX) Hits Milestone in AI-Driven Defense Solutions As It Realigns Its Business - Yahoo Finance
Yahoo Finance • Mar 18
L3Harris Technologies, Inc. (LHX) announces appointment of Ken Sharp as SVP and CFO - MSN
MSN • Mar 16
L3Harris Benefits From Robust Military Expenditures and Worldwide Demand - Bitget
Bitget • Mar 19
Company Info
- Website
- www.l3harris.com
- Industry
- Aerospace & Defense
- Sector
- Industrials
- Headquarters
- Melbourne, FL, United States
- CEO
- Mr. Christopher E. Kubasik CPA
- Employees
- 47,000
Event Snapshot
Employees Affected 179
Verification UNVERIFIED
No other canonical layoff events recorded for this company.
Financials
Market Cap $55.37B
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