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
L3Harris (LHX) Space & Mission Systems president receives 3,192 restricted stock units - Stock Titan
Stock Titan • May 5
Danske Bank A S Raises Holdings in L3Harris Technologies Inc $LHX - MarketBeat
MarketBeat • May 4
L3Harris Technologies, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next - simplywall.st
simplywall.st • May 3
Analysts Offer Insights on Industrial Goods Companies: Joby Aviation (JOBY) and L3Harris Technologies (LHX) - The Globe and Mail
The Globe and Mail • May 4
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
Disclaimer
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