Waco: L-3 lays off 115 airplane modification workersWaco: L-3 lays off 115 airplane modification workershttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=15942015-03-02T11:32:00Z2015-03-02T09:00:00Z

WACO - L-3 Communications, Waco’s largest industrial employer, has announced that it is laying off 115 workers in its Platform Integration division. The layoffs are the result of a slowdown in military contracts.

The payroll cut of more than 6 percent, effective immediately, leaves the airplane modification plant with 1,600 workers.

The laid-off workers will get severance pay and help finding new jobs. The cuts include a broad spectrum of jobs, including manufacturing technicians, aircraft mechanics, electricians and administrative support personnel.

The company laid off 200 people in 2014, citing the lingering effects of congressional budget sequestration in 2013 among the factors.

Waco Tribune-Herald
http://www.wacotrib.com/news/business/l--lays-off-airplane-modification-workers-amid-slowdown/article_c524d989-20e6-5303-9399-d0596638d745.htmlRead more at {Source}

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