CFO is out for blood. I expect more layoffs and closings to be announced soon. Hopefully I'm wrong, but I doubt it.
2 replies (most recent on top)
This happened! With the announcement of the closure of the Van Nuys, CA office.
L3 Harris is behind schedule and shrinking it's real estate footprint. Some facilities are not fully used while others aren't being used at all. The effort will continue to consolidate manufacturing in the state of Florida. The skill set is there and the tax incentives are there.