Published 14 days ago

L3Harris cuts 5% workforce in cost-saving measure

Summary

U.S. defense contractor L3Harris, opens new tab cut 5% of its workforce earlier this month in a bid to streamline its business and save costs, CEO Chris Kubasik said in a post-earnings conference call on Friday.

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Reuters

L3Harris cuts 5% workforce in cost-saving measure

14 days ago·United Kingdom

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WTVB

L3Harris cuts 5% workforce in cost-saving measure

(Reuters) – U.S. defense contractor L3Harris cut 5% of its workforce earlier this month in a bid to streamline its business and save costs, CEO Chris Kubasik said in a post-earnings conference call on Friday. The announcement confirms a Reuters report from Tuesday which said the company would cut 5% of its workforce this year, citing an email sent to employees. Though U.S. defense contractors are seeing a notable increase in orders amid conf…

15 days ago

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