The writing is on the walls: https://www.defensenews.com/industry/2019/06/17/l3-harris-to-divest-significant-portion-of-business-post-merger/
6 replies (most recent on top)
What about Muskegon
already started the purge at Harris's Palm Bay facility with more than 10 director level and above people walked out Monday
The Kube says NYC TOAST within days of June 29. NO WARN notice posted yet
Who cares at this point. I can go home for 4 hours at a time and management doesnt even care to ask why. Its obvious it's over for l3 employees. Good luck everyone!!
Synergies means layoffs. The word synergies is widely used by commercial companies which is a substitute word for layoffs.
How about this part:
However, both executives also pointed to synergies that could make the combined company — what Brown (Harris CEO) described as a C4ISR powerhouse — more competitive.
Does that mean the further you are from being a C4ISR powerhouse, the more likely you are to be 'divested?'
Looks like defense mergers & acquisitions are ramping up again!