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Northrop Grumman Layoffs 2024: What to Know About the Latest NOC Job Cuts
NOCNorthrop Grumman(NOC) Investor Place·2024-06-11 14:31

These Northrop Grumman layoffs were revealed in a WARN letter sent to the state of Arizona. This letter warns of a potential 543 job cuts at the company's Arizona facilities. It's worth mentioning that NOC employs 4,200 people in the state. Northrop Grumman doesn't provide a specific reason for the job cuts in its WARN letter. However, traders will note that the company lost out on a $17 billion contract with the U.S. Missile Defense Agency. Northrop Grumman (NYSE:NOC) layoffs are coming for hundreds of the ...