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Tuesday, September 15, 2015

480 salaried employees laid off from Newport News Shipbuilding

http://wtkr.com/2015/09/15/480-salaried-employees-laid-off-from-newport-news-shipbuilding/

All those laid off on Tuesday are salaried employees.
The layoffs were announced in July by Newport News Shipbuilding President Matt Mulherin. Only 500 layoffs were expected in 2015 with another 1,000+ expected in 2016.
The reductions are an effort to reduce spending due to a decrease in workload. The workload is expected to increase again in 2017.

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