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Northrop sets more layoffs
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December 7, 1998: 5:37 p.m. ET
Aerospace giant to cut an additional 1,100 jobs on heels of Boeing cutback
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NEW YORK (CNNfn) - Northrop Grumman Corp. said it plans to lay off an additional 1,100 employees next year, as a result of Boeing's announcement of production cutbacks and layoffs last week.
Most of the workers affected are related to Northrop's work on Boeing Co.'s 747 program. Northrop Grumman makes fuselages for 747 airplanes.
Last week, Boeing (BA) said it planned to cut 747 production from 3.5 per month to 2 per month, in addition to other aircraft production cutbacks and 20,000 additional layoffs.
Northrop's latest layoff notice comes on top of previously announced cutbacks of 2,600 jobs related to corporate restructuring in the wake of its failed merger with Lockheed Martin Corp. (LMT), earlier production cutbacks by Boeing and ongoing cost reductions.
Los Angeles-based Northrop informed employees of its latest layoffs at approximately noon Pacific Time.
Northrop said the job cuts will come from its facilities in Dallas, Hawthorne, Calif., and Perry, Ga. 
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Northrop Grumman
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