Lockheed Martin reviews about "layoff"

No way up the ladder unless you have connections. The pay is much lower than what you can get for the same type of work and required skills at another company unless you have connections. Even then, because there are no bonuses and no stock options for individual contributors, you're better off working at a non-government contracting company. Plus, too much dead wood lying around. Layoffs help remove the dead wood, but sometimes they cut down some fine foliage in the process. Although I've never been laid off, I have seen a lot of good people go while the poorly skilled workers remain via connections.

As with all defense contractors heavily relied on government funding. Stop work and Layoffs

They shut down our facility and required us to pay back tuition assistance if we left prior to our layoff date to pursue other employment. This was despite the facts that the leadership program requires participants to get a masters and that people were not required to pay back tuition in previous site closures. This affected multiple people and the bills were quite large. Salary is a bit below market

Unfortunately, due to the downturn in Dept of Defense funding, layoffs of the more experienced emplyees is a constant threat. It is too bad that shareholder value is more important than keeping highly trained & knowledgeable employees.

The work load slowed down and layoffs were unfortunately enforced

No pension for new hires. Layoffs are imminent.

The management is not too great and have an old school mentality. They are not willing to adapt to change or implement new tools or strategies. There are a lot of processes that could use update. Even the facilities in most locations are run down. With the shrinking military government funding you see a lot of reductions in spending by the company and layoffs.

Layoffs occur too often and seem part of the business plan for indirect employees.

Layoffs targeting older workers level 4 and up, and little opportunity to grow after workers opportunity to advance.