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Northrop Grumman Plans More Job Cuts

Manufacturing Group | October 28, 2012

A spokesman for the company says it will eliminate up to 350 jobs to stay competitive in the defense marketplace.

Northrop Grumman will cut up to 350 jobs from its electronics systems sector, with most of the reductions likely in the Baltimore area, according to a report by the Baltimore Sun.

According to the paper, the company will offer buyouts to its employees, but will turn to layoffs early next year if there are not enough volunteers.

Northrop Grumman eliminated 700 jobs in the sector last December and January through buyouts and layoffs, but the new cutbacks target managers and directors, as well as administrative-support jobs.

A spokesman for the company tells the Baltimore Sun it is making the costs to stay competitive amid uncertain times in the defense marketplace. Automatic reductions are set for Jan. 2, unless Congress can come to an agreement about deficit reduction.

According to the paper, the electronics systems sector employs 7,350 people in the Baltimore area and about 18,000 worldwide.

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