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Lockheed Martin plans 1% global workforce reduction by 2024 for cost-cutting and digital transformation.
Defence contractor Lockheed Martin announced plans to reduce its workforce by 1% over the course of 2024 as part of a cost-reduction strategy.
The job cuts will span across all business and enterprise operations, with the company's cost-cutting initiatives also including hiring freezes and voluntary separations.
Lockheed Martin currently employs a global workforce of 122,000, and the cost reductions are intended to facilitate the digital transformation of its operations.
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Lockheed Martin planea una reducción del 1% de la fuerza laboral global para 2024 para reducir costos y transformar digitalmente.