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 Technologies Inc $LHX Shares Purchased by Oregon Public Employees Retirement Fund - MarketBeat
MarketBeat • Jan 11
Is It Time To Reassess L3Harris Technologies (LHX) After Its Strong 1-Year Share Price Run? - Yahoo Finance
Yahoo Finance • Jan 7
February 27th Options Now Available For L3Harris Technologies (LHX) - Nasdaq
Nasdaq • Jan 8
L3Harris sells 60% stake in space propulsion business for $845 million - Reuters
Reuters • Jan 5
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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