FORT WORTH, Texas (AP) — Lockheed Martin Corp. is laying off 540 employees in plane-making operations in Texas, Georgia and California.
The company said Monday it expected most of the affected workers to leave by year-end.
The layoffs are part of a move announced in June to eliminate 1,500 jobs in the aeronautics business as Lockheed cut costs in response to pressure to limit U.S. defense spending.
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