The following is the text of a press release issued by Northrop Grumman Corp.:
(PASCAGOULA, Miss.) — Northrop Grumman Shipbuilding, a subsidiary of Northrop Grumman Corporation (NYSE:NOC) has issued a Worker Adjustment and Retraining Notification (WARN) for 292 employees at the Gulf Coast shipbuilding facility at Pascagoula, Miss. Reductions will impact represented employees.
“The cyclical nature of shipbuilding, the sequencing of work within the production phases that determines requirements for different crafts and support personnel, as well as the timing of contracts can result in peaks and valleys in work where the number of employees exceeds the workload requirements. This is currently the case here at our Pascagoula facility,” said Irwin F. Edenzon, vice president and general manager of Northrop Grumman Shipbuilding-Gulf Coast.â€ª
Northrop Grumman is working to provide employees with information on applying for other opportunities and is assisting the Mississippi Department of Employment Security to provide information on unemployment claims, training and other services.
Additional layoffs for employees from the Pascagoula facility are expected this year. The company expects to reduce another 350 employees in Pascagoula by year’s end.
Northrop Grumman Corporation is a leading global security company whose 120,000 employees provide innovative systems, products, and solutions in aerospace, electronics, information systems, shipbuilding and technical services to government and commercial customers worldwide. Please visit www.northropgrumman.com for more information.