L3 Harris Technologies unexpectedly lays off dozens in Brevard County [Yahoo! Finance]
L3Harris Technologies, Inc. (LHX)
Last l3harris technologies, inc. earnings: 2/4 06:30 am
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Source: Yahoo! Finance
L3 Harris Technologies plans to cut five percent of its employees worldwide, including in Brevard County. The defense contractor and aerospace company refused to say exactly how many employees were affected. It has more than 7,000 employees in Brevard County alone. L3 Harris says it had to make the decision in order to streamline their operations. However, employees tell Channel 9, the company could have given them advanced noticed. “No heads up, nothing,” said Chris Karsten. Karsten says he and dozens of his co-workers were blindsided by the layoffs. Karsten is a father of and disabled veteran who was injured during the Iraq War in 2003. Read: ‘I miss her so much': Madeline Soto's biological father speaks out about death, disappearance He's worked as a software configuration manager at L3Harris Technologies for the past five years. That was until yesterday, where in a 10 minute zoom call, he was laid off. “I lost my internet access to my company, laptop and email was
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LHX
News
- Is L3Harris Technologies (LHX) Stock Outpacing Its Aerospace Peers This Year? [Yahoo! Finance]Yahoo! Finance
- L3Harris Technologies, Inc. (NYSE: LHX) had its price target raised by analysts at JPMorgan Chase & Co. from $240.00 to $250.00. They now have an "overweight" rating on the stock.MarketBeat
- L3Harris Technologies Insiders Sold US$3.0m Of Shares Suggesting Hesitancy [Yahoo! Finance]Yahoo! Finance
- L3Harris Technologies, Inc. (NYSE:LHX) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- L3Harris Technologies, Inc. (NYSE: LHX) had its price target raised by analysts at Barclays PLC from $238.00 to $245.00. They now have an "overweight" rating on the stock.MarketBeat
LHX
Earnings
- 4/25/24 - Beat
LHX
Sec Filings
- 5/1/24 - Form S-8
- 4/26/24 - Form 10-Q
- 4/25/24 - Form 8-K
- LHX's page on the SEC website