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Exclusive-US Defense Contractor L3Harris to Cut 5% of Workforce to Save Costs, Email Shows

Exclusive-US Defense Contractor L3Harris to Cut 5% of Workforce to Save Costs, Email Shows
usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.

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Exclusive-US defense contractor L3Harris to cut 5% of workforce to save costs, email shows

U.S. defense contractor L3Harris Technologies Inc will cut 5% of its workforce this year as part of a cost saving measure, CEO Chris Kubasik said in an email to employees seen by Reuters on Tuesday. L3Harris is set to report its first-quarter results on Thursday. The cuts are not evenly distributed but aim to eliminate redundancies across all functions at the company, a person familiar with the situation said, adding the reductions did not necessarily focus on the Aerojet Rocketdyne divison, which L3Harris acquired for $4.7 billion in December 2022. ....

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Exclusive-US defense contractor L3Harris to cut 5% of workforce to save costs, email shows

By Utkarsh Shetti, Nathan Gomes and Mike Stone (Reuters) - U.S. defense contractor L3Harris Technologies Inc will cut 5% of its workforce this year as . ....

United States , Nathan Gomes , Aerojet Rocketdyne , Chris Kubasik , Utkarsh Shetti , Mike Stone , Daniel Wallis , Harris Technologies Inc , Lockheed Martin , Harris Corp , Technologies Inc , Middle East ,

Does Cathie Wood and Ark Funds Really Own 5 Mega Cap Blue Chip Dividend Stocks?

Much has been written and discussed about the incredible success and then failure of Cathie Woods’s phenomenal ARK Innovation fund (NYSE: ARKK), which exploded in 2020 only to implode in the fall of 2021 and trade sideways most of 2022. The huge parabolic move in 2020 and 2021 saw the ARK Innovation exchange-traded fund rise […] ....

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L3Harris announces $41.2M Orange County expansion

L3Harris announces $41.2M Orange County expansion
virginiabusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from virginiabusiness.com Daily Mail and Mail on Sunday newspapers.

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