L3Communications

A large government contractor sent layoff notices to employees, citing the budget uncertainties caused by the across-the-board spending cuts from sequestration.

L-3 Communications Systems announced that it was reducing its staff in its Salt Lake City office by 190 employees, or 4.2 percent. The company said the action was being undertaken “after careful consideration to maintain the division’s overall competitiveness,” and said the “declining budget environment and uncertainties due to sequestration” were factors in the decision. The company develops communications systems for the Defense Department and other federal agencies.

In an email to Government Executive, a L-3 Communications Systems spokeswoman said that the company did not send out Worker Adjustment and Retraining Notification notices –also known as WARN Act notices — because they were not necessary in this circumstance. The 1988 WARN Act requires any company with more than 100 employees to issue layoff notices 60 days in advance of any mass layoff or plant closure.

via Large Contractor Undertakes Sequestration Related Layoffs – Contracting – GovExec.com.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Category

Economy, News

Tags

, , , , ,